StocksMediumUpdated•Originally published 6 November 2026•Updated 6 November 2026•
1 min read
AI Stock Losses Deepen to $2.5 Trillion as US Election Fallout Continues
Key Facts
1The Nasdaq 100 index fell over 6%, erasing $2.3 trillion in market value.
2Nvidia shares tumbled over 9% amid concerns over policy changes regarding AI infrastructure.
3A semiconductor index dropped 12% as markets reacted to a Democratic victory in Congressional elections.
Nasdaq 100 market value losses increased to $2.5 trillion, with AMD shares plunging 17%. Reuters reported that NVDA shares fell more than 9% as investors assessed the impact of the November 3, 2026, Congressional election results on AI infrastructure policy.
NVDA closed at $181.6 on November 5, 2026, while AMD ended the session at $404.4 on the same date. Within the semiconductor sector, which saw its index drop 12%, TSM closed at $353.1 and INTC finished at $52.25, as economic data showed US initial jobless claims fell to 189,000.