StocksMedium•6 November 2026•
1 min read
Nvidia Suffers Worst Daily Drop Since DeepSeek, Losing $450B
Key Facts
1Nvidia shares recorded their worst daily performance since the DeepSeek incident, erasing approximately $450 billion in market value.
2The company's revenue has doubled and its forward multiple has shrunk to 15x despite the political shock affecting the stock.
Nvidia shares recorded their worst daily performance since the DeepSeek incident, erasing approximately $450 billion in market value. 247wallst.com reported that the decline was triggered by a political shock, even as the company's revenue doubled and its forward multiple shrank to 15x.
NVDA closed at $181.6 on November 5, 2026, trading near its daily low of $181.46. The selloff extended across the semiconductor sector, with AMD closing at $404.4, TSM at $353.1, and INTC at $52.25 on the same date.