Nasdaq 100 Plunges 6.36% as Nvidia Tumbles Below $200 on AI Regulation Fears
Key Facts
The Nasdaq 100 plunged 6.36% to approximately 26,630 during the trading session. Mitrade reported that Nvidia shares tumbled approximately 9.3%, falling below the $200 level, while the VIX volatility index surged around 70%. The crash was triggered by fears of tighter AI regulations, slowing data-center investment, and concerns over high technology valuations following US election results.
Nvidia closed at $181.6 on November 5, 2026, hitting a session low of $181.46. In the semiconductor peer group, AMD closed at $404.4 and TSM at $353.1 on November 5, 2026, while INTC finished at $52.25 on the same date. These movements occurred amid broad selling pressure that also saw Tesla shares decline 11% according to Mitrade.