Nvidia closed at its lowest since April on Monday. AMD has already made back Thursday's 17% drop.
Published · 1 min read
17 of 19 S&P 500 chip stocks have closed above their 5 November selloff close. Nvidia, down 10.7% since 4 November, is one of the two that have not.
$NVDA closed at $178.67 on Monday, its lowest close since 7 April and 25.3% below its 6 October peak. All 19 S&P 500 chipmakers and chip-equipment makers on our map1 fell last Thursday, 5 November. Seventeen have since closed above that day's close. Nvidia is one of the two that have not.
One selloff, two recoveries
On Thursday the $SPY fund fell 4.41%. Nvidia fell 9.26%, and only two of the 19 fell less. $AMD fell 17.26%.
Since then the order has flipped. AMD rose 13.26% on Monday, the day of a Google Cloud chip deal and an Oppenheimer upgrade. It now sits 4.05% above its close on the eve of the selloff. Nvidia fell 4.27% on Monday, the day the company opened an internal probe into chief executive Jensen Huang. It is 10.72% below its 4 November close.
| Stock | Thursday 5 Nov | 4 Nov close to 9 Nov close |
|---|---|---|
| $NVDA | -9.3% | -10.7% |
| $MCHP | -13.9% | -18.4% |
| $MU | -17.5% | -7.8% |
| $AVGO | -10.4% | -1.8% |
| $AMD | -17.3% | +4.1% |
The rest of the group
Five of the 19 are back above their 4 November close: AMD, $MPWR, $INTC, $KLAC and $AMAT. $MCHP is the other stock still below its Thursday close. It fell another 10.0% on Friday before rising 5.39% on Monday.
On Monday's treemap, Nvidia lost $192.5 billion of market value. The S&P 500 as a whole gained $1.6 trillion and rose 2.38%, market-cap weighted, with 420 of its 500 stocks higher.
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NVDA, AVGO, AMD, MU, INTC, AMAT, LRCX, TXN, KLAC, ADI, QCOM, MRVL, SNDK, MPWR, NXPI, MCHP, ON, TER, SWKS.↩
See it on the site
Sources
- Nvidia stock falls after company opens probe into CEO Jensen Huang — ABC News (9 Nov 2026)
- Why Nvidia Stock Was Down Today — Motley Fool
- AMD Stock Rises On Google Cloud Deal, Wall Street Upgrade — Investor's Business Daily (9 Nov 2026)
- Stock Market Today, Nov. 9: AMD Jumps on Oppenheimer Upgrade and Google Cloud Chip Selection — The Motley Fool (9 Nov 2026)
- Chip stocks gain despite Nvidia investigating Jensen Huang's affair — CNBC
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