Nasdaq falls 4% as chipmakers plunge in market selloff, CoinDesk reports
CIE News ·
Based on reporting by CoinDesk; not yet independently confirmed.
According to CoinDesk, the Nasdaq declined 4% on November 5, 2026, amid heavy selling in AI chip stocks including Nvidia, Micron, and AMD.
The Nasdaq stock exchange dropped 4% on November 5, 2026, amid a panicky selloff alongside a plunge in Bitcoin, CoinDesk reported. The downturn coincided with heavy selling pressure across artificial intelligence chip stocks. Micron and AMD both suffered double-digit percentage declines, while Nvidia saw its share price drop by 8% during the trading period.
Key facts
- Nasdaq down 4%
- Nvidia down 8%
- Micron double-digit decline
- AMD double-digit decline