Nvidia slides 7.3%, its steepest drop since April 2025

The AI chip giant's losing streak deepens as investors weigh hyperscaler spending, policy risk and an earnings report due November 17 Nvidia shares fell 7.3%, their biggest drop since April 2025. For the company most closely tied to the AI boom, that is a bad week. How the slide unfolded The selloff came in stages. Nvidia stock fell approximately 7% across the five trading days ending November 4, 2026. The pain started early. On October 30, 2026, shares dropped 4.22% in a single session, setting the tone for what followed. By November 4, the stock closed at $200.13. That was down 3.17% from the prior day’s close of $206.69. The stock sits roughly 16–18% below its 52-week high, which landed somewhere around $239–243. Even after the slide, Nvidia’s market cap was about $4.8 trillion as of November 4. A 7% haircut on a company that size wipes out more value than many listed companies are worth in total. Why investors are nervous Three worries appear to be driving the selling. None of them is about whether Nvidia’s chips work. They are about whether customers keep buying them at the same breakneck pace. First, hyperscaler spending. Hyperscalers are the giant cloud operators that rent o...