Business · Markets · 2 hrs ago
Nvidia’s fall revives dot-com fears, but past losses were not universal
Nvidia shares have dropped 32% from their peak, wiping about US$2-trillion from the company’s market value.
The turmoil follows a scandal involving former CEO Jensen Huang and a suspected Chinese spy.
The sell-off has spread across tech stocks: neocloud shares are down 40% to 50% from October peaks, semiconductor stocks about 25%, and the Nasdaq almost 10%.
Because Nvidia is central to the AI industry, its troubles could affect financial markets more widely.
The dot-com crash offers a less familiar lesson: although technology stocks suffered heavily, other parts of the stock market held up surprisingly well.
In that period, tech stocks made up about one-third of the S&P 500, while Nortel alone accounted for more than one-third of Canada’s main index, so their declines weighed heavily on those benchmarks.
Investors may need to look beyond headline index losses to see how different parts of the market are doing.
Nvidia shares have fallen 32 per cent from their peak, wiping about US$2-trillion from the company’s market value.
The decline has renewed fears of a technology sell-off spreading through financial markets.
The article links the market turmoil to a scandal involving former Nvidia CEO Jensen Huang and a suspected Chinese spy.
Other AI-related stocks and semiconductor shares have also fallen, while the Nasdaq Composite is down almost 10 per cent.
The article argues that the dot-com crash did not hurt every part of the stock market equally.
- Who
- Nvidia and investors across the technology and broader stock markets.
- What
- Nvidia’s share-price drop has revived fears of a wider technology sell-off.
- When
- The article was published on November 13, 2026; it says Nvidia’s decline followed a peak about a month earlier.
- Where
- The United States and Canadian stock markets.
- Why
- The article attributes the turmoil to a scandal involving former Nvidia CEO Jensen Huang and a suspected Chinese spy, alongside concerns about an AI bubble.
This story does not have two clearly opposing sides.
Dot-com ventures without a path to profitability began running out of cash in March.
The Nasdaq Composite fell almost 80 per cent.
Nvidia was still the world’s largest publicly traded company.
Nvidia’s stock had fallen 32 per cent from its peak, according to the article.
- Nvidia share-price decline
- 32 per cent from its peak
- Nvidia market-value loss
- Roughly US$2-trillion
- Neocloud stocks
- Down 40 to 50 per cent from their October peaks
- Semiconductor stocks
- Down about 25 per cent
- Nasdaq Composite
- Down almost 10 per cent
- Dot-com crash
- Nasdaq fell almost 80 per cent over two-and-a-half years