bolt AI and tech · 2 min
Nvidia lost $2 trillion in a month, fell to 3rd place
flash_on In 20 seconds
Nvidia's market value collapsed from near $6 trillion in October to under $4 trillion now.
Stock dropped from $243 to $169 per share—a loss of nearly $2 trillion in 36 days.
On Tuesday, Nvidia briefly fell behind both Apple and Microsoft in market value.
Wall Street's consensus price target: $327 per share, 93.6% above current price.
Nvidia's AI chip dominance crumbled this month. Based on a report by Business Insider España, the company shed $2 trillion in market value between October 6 and November—a 30.6% collapse. Its stock price fell from $243.37 to $168.89 per share.
The crash hit hard enough that Nvidia briefly slipped to third place among Wall Street's biggest companies, behind Apple and Microsoft. Yet analysts remain convinced: they project the stock could nearly double, reaching $327 per share and a $7.9 trillion value.
format_quoteLa reina de los chips de inteligencia artificial ha perdido un 30,6% de su valor.
Business Insider España
help What is not known yet
- Whether CEO Jensen Huang's acknowledged extramarital affair directly caused the stock decline or merely coincided with it
- Specific catalysts that triggered the October 6 peak reversal
- Timeline for when analysts expect the stock to recover to their $327 target
forum Frequently asked questions
Did Jensen Huang's affair cause Nvidia's crash?expand_more
The CEO admitted to infidelity in a letter, but the stock decline began October 6—before that confession. The crash predates the scandal.
Is Nvidia still the world's most valuable company?expand_more
No. It briefly fell to third place on November 11. It recovered to second by close, behind Apple. Microsoft also surpassed it at times.
How much could Nvidia stock recover?expand_more
Wall Street analysts set a consensus price target of $327 per share, 93.6% above the current $168.89, valuing the company at $7.9 trillion.
Are other big tech stocks also crashing?expand_more
Yes. Alphabet lost $1.47 trillion (29.6% decline), Broadcom lost $710 billion (31.1% decline). Top 10 tech firms lost $6.8 trillion combined from peaks.
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link Sources (1)
- Business Insider España — ¿Jensen, qué has hecho? Nvidia cae al tercer puesto de Wall Street tras perder 2 billones en bolsa en un mes
How we work: only facts that appear in the cited sources; quotes checked word for word; no opinion and no predictions. Written with the help of artificial intelligence and reviewed by automatic rules.