AI hardware stocks fall 6% to 21% as midterm results raise construction delays
AI-related hardware stocks plunged again on Thursday, with Nvidia dropping about 6% to $188.75 and Arm Holdings falling roughly 10%. Dell Technologies lost about 9%, wiping out roughly $20 billion in market value, while Ciena and Applied Optoelectronics each fell about 11% to 13%. The selloff followed a 7% to 21% drop in data-center builders and power-equipment makers on Wednesday, after…
Key points
- Nvidia fell about 6% to $188.75, Arm Holdings about 10%, and Dell erased $20 billion in value
- Data-center builders and cooling stocks dropped 7% to 21% after midterm election results
- UBS warns midterm wins could delay or cancel ~1/3 of 2028 U.S. data-center capacity
Investors fear stricter oversight could slow AI infrastructure growth. Texas’s new governor-elect has campaigned to pause data-center construction, and UBS analysts warn that delays could cancel nearly a third of the U.S. data-center capacity expected online in 2028. Even strong financial results, like Viavi Solutions’ 57% revenue jump to $469.3 million, failed to stop its stock from crashing 18%. Analysts suggest buying cautiously, focusing on companies with strong contracts and balance sheets.
The AI Selloff Is Getting Worse. Nvidia, Dell and Data Center Stocks Are Plunging Hard. Is It Time to Buy the Dip?
fool.com · 5 November 2026
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Coverage and discussion
12sources- Asian tech stocks plunge amid fears US Democrats may delay data centers; Taiwan's Taiex sees a record intraday point drop, Kospi falls 8.7%, and Nikkei 6.7%Press · asia.nikkei.com ·
- Jim Cramer says the AI sell-off isn't over, but it isn't another dot-com crashPress · CNBC Technology ·
- [AI Stock Crash] I won't try to time the rebound! Why I am holding onto NVIDIA and AMDPress · note.com ·
- Nasdaq heading for worst day in 18 months as Wall Street sustains widespread lossesPress · The Guardian AI ·
- Jim Cramer says the AI trade is not going away as Nasdaq enters correctionPress · CNBC Technology ·
- Nvidia, Micron, and other AI stocks take a dive after electionsPress · finance.yahoo.com ·
- Nvidia (NVDA) Stock: Plunge 7.55% as Washington Sparks Fresh AI Sell-OffPress · blockonomi.com ·
- Nvidia Stocks Fall 6% as AI Expansion Risks Hit ChipmakersPress · finance.yahoo.com ·
- AMD Tumbles 13%, NVIDIA Slides 7% as AI Regulation Fears Hit Chip Stocks; Intel Sinks 8%Press · 247wallst.com ·
- Nvidia Stock Plunges Nearly 8% in Steepest Drop Since April 2025 as AI Chip Rout Erases 1,000 Nasdaq PointsPress · ibtimes.com.au ·
- OpenAI and Anthropic IPOs, volatility in markets after blue wavePress · finance.yahoo.com ·
The headline, key points and digest above were generated by Digest AI's editorial model from the linked sources. Automated summaries can contain errors: the sources are the record. Spotted a mistake? Tell us. Published by Martin K., who runs Digest AI and handles corrections.
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