StocksMedium•9 November 2026•
1 min read
Nasdaq 100 Jumps 3% as Nvidia Lags on Reported CEO Probe
Key Facts
1The Nasdaq 100 jumped 3% driven by a chip sector rebound, while Nvidia shares slid.
2Nvidia shares saw their worst day relative to the S&P 500 since DeepSeek following reports of a probe into its CEO.
The Nasdaq 100 jumped 3% driven by a rebound in the semiconductor sector, while Nvidia shares slid against the broader market trend. Benzinga reported that Nvidia saw its worst daily performance relative to the S&P 500 since the DeepSeek crisis following reports of a probe involving the company's CEO.
NVDA was trading at $177.67 on November 9, 2026, as the stock lagged behind a 7% surge in the wider chip sector. In comparison, AMD closed at $449.04 and INTC closed at $56.28 on November 6, 2026, while TSM was trading at $390.82 on November 9, 2026, highlighting the impact of the regulatory concerns on Nvidia's relative valuation.