StocksMedium•7 November 2026•
1 min read
Nvidia Market Value Plummets $374 Billion Amid Broad Tech Sell-off
Key Facts
1Nvidia's market value decreased by approximately $374 billion as its shares fell 9.26 percent.
2The Nasdaq Composite plunged 5.52 percent on November 5 amid a broad tech sell-off.
Nvidia's market value decreased by approximately $374 billion as its shares fell 9.26 percent. Reuters reported that the decline was part of a broad tech sell-off, which saw the Nasdaq Composite plunge 5.52 percent on November 5, 2026, amid concerns over AI infrastructure spending.
Nvidia closed at $186.64 on November 6, 2026, while peer stocks also faced pressure with AMD closing at $449.04 and TSM at $375.44 on the same date. According to Zamin.uz, the market volatility followed political uncertainty from the US midterm elections, as INTC closed at $56.28 on November 6, 2026.