Nvidia shares fell 9.26% to $181.60 on Thursday, marking the company’s worst single-day drop since the January 2025 DeepSeek shock. This sharp slide left the stock negative for 2026. While shares rebounded 5.12% to $190.89 in Friday premarket trading, many investors remain worried about AI spending and new data-centre regulations.
Synopsis
Nvidia stock rebounds 5% after 9.26% crash: Nvidia suffered its worst single-day fall since the January 2025 DeepSeek shock, with shares plunging 9.26% to $181.60 on Thursday and turning negative for 2026. The crash came as Wall Street lost nearly $3 trillion in market value. Friday’s futures pointed to a partial recovery, with Nvidia rebounding in premarket trading as chip stocks attempted to recover.
Nvidia stock rebounds 5% today: Nvidia shares are trying to recover after their worst session since the DeepSeek shock in January 2025. The stock fell 9.26% on Thursday, November 5, to $181.60. It was down 2.63% for 2026 at that close. Early Friday trading lifted it 5.12% to $190.89, still below Wednesday’s $200.13 close.
Nvidia is facing a setback it has not seen since the DeepSeek shock of January 2025. The fall was part of a wider selloff that erased nearly $3 trillion from S&P 500 companies' market value. Friday offered some relief, with NVDA shares rising in premarket trading. But the rebound came after a sharp loss, as concerns over AI spending, data-centre regulation and interest rates continued to weigh on investors.
Nvidia stock price: NVDA rebounds to $190.89 after 9% fall
Nvidia lost $18.53 on Thursday, with trading volume reaching about 302.55 million shares. It was the stock’s biggest one-day fall since DeepSeek’s low-cost Chinese AI model unsettled Wall Street in January 2025. At Thursday’s close, Nvidia had slipped below its December 31, 2025 close of $186.50, putting it in negative territory for the year.
At 6:45 a.m. ET on Friday, Nvidia was quoted at $190.89 in extended trading, up 5.12%. That was still $9.24 below Wednesday’s close. After a 9.26% fall, the stock needs a gain of about 10.2% to return to its previous level. The premarket rise has recovered only part of Thursday’s loss.
AMD, Micron and Broadcom stocks lead chip-sector rebound
Other chipmakers fell even more sharply on Thursday. AMD dropped 17.3% to $404.40, Micron slid 17.5% to $656.39 and Broadcom lost 10.4% to $291.53. On Friday, AMD, Intel, Broadcom and Micron were up between 4.6% and 8.2% in premarket trading, according to Reuters.
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IREN, Applied Digital, CoreWeave and Nebius stocks recover
Data-center operators IREN and Applied Digital, cloud providers CoreWeave and Nebius, and power suppliers GE Vernova and Constellation Energy also recovered from deep losses. The selloff reached firms supplying computing capacity, equipment and electricity for AI data centers.
Nasdaq, S&P 500 and Dow Jones plunge as $3 trillion erased
The Nasdaq Composite fell 5.5% on Thursday to 24,315, its steepest one-day decline in 19 months. It entered correction territory after falling more than 10% from its October high. The S&P 500 dropped 4.4% to 7,353.73, while the Dow Jones Industrial Average lost 1,833 points, or 3.4%, to 51,523.06.
Friday’s futures were mixed. At 6:24 a.m. ET, Nasdaq 100 futures rose 1.41% and S&P 500 futures gained 0.29%, while Dow futures fell 0.91%. The VIX volatility index eased to 26.70 after its biggest one-day jump in about 19 months.
Why AI stocks fell: Midterm election wins raise data-center fears
The immediate trigger was political. Democrats won both chambers of Congress, including in key data-center states. Investors fear tougher AI rules or delays to new data-center projects. Those are concerns about possible policy changes, not confirmation of a nationwide construction ban.
AI investment helped drive stocks to records this year. A slowdown in data-center construction could hit demand for Nvidia processors and the wider supply chain. Jefferies strategist Jane Gibbons said Thursday’s selloff reflected concerns about AI spending, policy and inflation colliding, rather than a fundamental reset.
Higher crude prices revived fears that energy costs could keep inflation high and lead to more rate increases. Brent crude was broadly flat early Friday. Traders were pricing in a more than 65% chance of a Federal Reserve rate hike in December, according to CME FedWatch.
The October US jobs report is scheduled for 8:30 a.m. ET on Friday. The figures could change rate expectations and the outlook for growth stocks.
Atlassian stock drops, Airbnb shares climb after results
Atlassian fell 14.1% after reporting first-quarter results. Airbnb gained 12.2% after raising its full-year 2026 revenue-growth forecast.
Tesla and SpaceX also rose 2% and 4% in premarket trading.
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