A chip sell-off caused the Nasdaq index to decline on November 2, 2026.

The entities involved

• Nvidia →

  American multinational technology company

  • Nvidia and GE Vernova are both benefiting from the growth in AI data centers.03:15
  • KLA Corporation avoided Lam Research due to high valuation, while Jim Cramer used Nvidia's stock decline to assess other stocks.03:03
• Nasdaq →

  American fully electronic stock exchange

  • Anthropic filed to list on Nasdaq, reflecting global capital favoring AI in US markets.05:16
  • California BanCorp and Civista Bancshares, Inc. are small-cap finance companies traded on the Nasdaq stock exchange with analyst recommendations.05:03

Related events

• Nasdaq decline triggered a selloff across the chip sector.Jul 4
• A tech selloff drove the Nasdaq index to its worst day on October 30, 2026.Sat 03:25
• AI worries led to Nasdaq experiencing its largest daily drop on October 31, 2026.Sat 18:41
• Chip stocks, including Nvidia and Micron, declined in premarket trade following poor guidance from Intel and disappointing earnings from Amazon.Fri 10:09
• A market-wide sell-off caused stock declines for companies including Albemarle Corporation and Nasdaq on October 30, 2026.Sat 03:05