Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers
Published . Updated .
Covered by 9 outlets: Beaumont Enterprise, WRAL, New Haven Register, KTVN, Clinton Herald, Oskaloosa Herald and 3 more.
Who covered it: Center 1 · Not rated 8. How we rate outlets
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Asian shares are mostly higher after U.S. stocks rallied following the midterm election, with the Dow Jones Industrial Average jumping more than 3%. But South Korea's Kospi briefly sank more than 4% on heavy selling of computer chipmakers. Shares also fell in Tokyo and Taiwan.
Directly affected
- No company is named in this report.
Indirectly affected
- SMH VanEck Semiconductor ETF-16.4% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “chipmaker” (semiconductors) in this story.
- SOXX iShares Semiconductor ETF-20.8% 30d
iShares Semiconductor ETF: it holds chipmakers. Linked by “chipmaker” (semiconductors) in this story.
- EWY iShares MSCI South Korea ETF-21.2% 30d
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“kospi”).
- AAXJ iShares MSCI All Country Asia ex Japan ETF-7.7% 14d
iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asian”).
- TSM Taiwan Semiconductor Manufacturing-9.5% 30d
Taiwan Semiconductor Manufacturing (semiconductors and related devices, with business in Taiwan): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story.
- ASML ASML Holding N.V-2.4% 15d
ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story.
- NVDA Nvidia-8.4% 30d
Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story.
- AVGO Broadcom-6.5% 30d
Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| SMH | +11.33% | +0.71% | base | after close | after close | after close | after close |
| SOXX | +13.89% | +0.56% | base | after close | after close | after close | after close |
| EWY | +6.31% | -0.43% | base | after close | after close | after close | after close |
| AAXJ | +1.96% | -0.90% | base | after close | after close | after close | after close |
| TSM | +9.12% | +0.78% | base | after close | after close | after close | after close |
| ASML | +12.01% | +1.96% | base | after close | after close | after close | after close |
| NVDA | +6.76% | +1.02% | base | after close | after close | after close | after close |
| AVGO | +5.97% | -0.99% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers Beaumont Enterprise
Source: Beaumont Enterprise
The price since 5 Nov 2026: Vaneck Etf Trust (SMH) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Ishares Msci Asia Ex-Japan (AAXJ) | three days earlier | -0.90% | final price |
| Ishares Msci Asia Ex-Japan (AAXJ) | five days earlier | +1.96% | final price |
| Asml Holding (ASML) | three days earlier | +1.96% | final price |
| Asml Holding (ASML) | five days earlier | +12.01% | final price |
| Broadcom (AVGO) | three days earlier | -0.99% | final price |
| Broadcom (AVGO) | five days earlier | +5.97% | final price |
| Ishares Msci South Korea Etf (EWY) | three days earlier | -0.43% | final price |
| Ishares Msci South Korea Etf (EWY) | five days earlier | +6.31% | final price |
| Nvidia (NVDA) | three days earlier | +1.02% | final price |
| Nvidia (NVDA) | five days earlier | +6.76% | final price |
| Vaneck Etf Trust (SMH) | three days earlier | +0.71% | final price |
| Vaneck Etf Trust (SMH) | five days earlier | +11.33% | final price |
| Ishares Tr (SOXX) | three days earlier | +0.56% | final price |
| Ishares Tr (SOXX) | five days earlier | +13.89% | final price |
| TSM | three days earlier | +0.78% | final price |
| TSM | five days earlier | +9.12% | final price |
Congressional trades in the stocks in this story
- Rep. Cleo Fields bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 9 Oct 2026. That is 27 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 22 Sep 2026. That is 44 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Taiwan Semiconductor Manufacturing (TSM) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 72 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 13 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Michael T. McCaul bought Asml Holding (ASML) (held by a spouse), worth $50,001 - $100,000 on 7 Aug 2026. That is 90 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Pete Sessions sold Nvidia (NVDA) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Cleo Fields bought Nvidia (NVDA), worth $1,001 - $15,000 on 1 Oct 2026. That is 35 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Nvidia (NVDA) (held by a dependent child), worth $1,001 - $15,000 on 23 Sep 2026. That is 43 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. John J McGuire III sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 24 Sep 2026. That is 42 days before publication. Filed 1 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a dependent child), worth $15,001 - $50,000 on 23 Sep 2026. That is 43 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Advanced Micro Devices (AMD) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vaneck Etf Trust (SMH)
Companies tied to this story
- SMH Vaneck Etf Trust
In “Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “chipmaker” (semiconductors) in this story
- SOXX Ishares Tr
In “Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers,” Ishares Tr (SOXX) is linked, with no stored direction, medium confidence. Reason on file: iShares Semiconductor ETF: it holds chipmakers. Linked by “chipmaker” (semiconductors) in this story
- AAXJ Ishares Msci Asia Ex-Japan
For “Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers,” Ishares Msci Asia Ex-Japan (AAXJ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asian”)
- EWY Ishares Msci South Korea Etf
For “Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers,” Ishares Msci South Korea Etf (EWY) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“kospi”)
- AVGO Broadcom
For “Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers,” Broadcom (AVGO) is linked, with no stored direction, medium confidence. Reason on file: Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story
- ASML Asml Holding
In “Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers,” Asml Holding (ASML) is linked, with no stored direction, medium confidence. Reason on file: ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story
- NVDA Nvidia
For “Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers,” Nvidia (NVDA) is linked, with no stored direction, medium confidence. Reason on file: Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story
- AMD Advanced Micro Devices
Advanced Micro Devices (AMD) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers.” Reason on file: Advanced Micro Devices (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chipmaker” (semiconductors) in this story
Vaneck Etf Trust (SMH)
Vaneck Etf Trust (SMH) is the company in “Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers,” the 5 Nov 2026 this story story.
For Vaneck Etf Trust (SMH), the reason on file says VanEck Semiconductor ETF: it holds chipmakers. Linked by “chipmaker” (semiconductors) in this story
A second company, Ishares Tr (SOXX), is listed for a different reason: iShares Semiconductor ETF: it holds chipmakers. Linked by “chipmaker” (semiconductors) in this story
Dates in the story, and the Vaneck Etf Trust (SMH) price range
AAXJ traded between 106.27 and 120.47 across 11 sessions. The latest close on file is 107.13. SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07. SOXX traded between 452.10 and 596.35 across 20 sessions. The latest close on file is 453.73.
What the saved facts support for Vaneck Etf Trust (SMH)
100 out of 100
“Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakers” scores 100 out of 100. The score uses 9 sources, and 8 linked companies.