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Nasdaq falls 5.5% as chip stocks sink on fears the AI buildout will slow
CNBC reported midmorning Nov. 5 that the Nasdaq fell 5.5%, its worst day since April 2025, with Nvidia down more than 9% and Qualcomm down more than 9% on a weak forecast. CNBC cites post-election worries that the AI infrastructure buildout will slow, plus rates and local data center votes. Intraday figures.
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Made the five · #2 on Friday, November 6, 2026
Chip stocks lead a $3 trillion rout as Nasdaq falls 5.5%
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CNBCcnbc.com/2026/11/05/qualcomm-earnings-chip-stocks-election.htmlCoverage · 1 article, oldest first
Thursday, November 5, 2026