US Chip and AI Stocks Plunge After Midterms; Nasdaq Down 5.52%, Trump Blames Democrats
Current overview (not historical)
On November 5, 2026, investors sold off U.S. chip and artificial intelligence stocks, sending the Nasdaq Composite down 5.52% to 24,315, while the Dow Jones fell 3.44% and the S&P 500 dropped 4.36%; all three indexes posted their worst single-day declines since April 3, 2025. Market analysts linked the sell-off to the U.S. midterm election results and uncertainty over AI industry policy, noting that Democrats regained majorities in both the Senate and the House and that Texas's governor-elect called for an immediate halt to data-center development. President Donald Trump responded on social media that Democrats caused the stock plunge and that the midterm results produced one of the worst trading days in history.
Written with AI from the reporting · updated 11/6/2026
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- 1Unclassified fact stationNov 6, 08:35single sourcereport-time onlyrevised
美股芯片股遭大规模抛售，纳指重挫逾5.5%
Read original source ↗ China News Service · FinanceReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- not recorded
- Action：
- 重挫
- Object：
- 纳斯达克综合指数及美股芯片股
- Occurred (fact side)：
- not recorded
- Published (valid side)：
- Nov 6, 07:56
- First seen (known side)：
- Nov 6, 08:35
Fact stationSingle source · one-sided claimRevisedReport-time onlyCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
- 2Unclassified fact stationNov 5, 00:00recorded Nov 6, 11:03single sourcerevised
特朗普回应美股大跌：是民主党人造成的
Read original source ↗ China News Service · WorldReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- 美国总统特朗普
- Action：
- 在社交媒体发布帖文回应美股大跌
- Object：
- 美股大跌
- Occurred (fact side)：
- Nov 5, 00:00
- Published (valid side)：
- Nov 6, 10:34
- First seen (known side)：
- Nov 6, 11:03
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
Uncertainty marks flag where to check the sources; they are not proven causation.
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- China News Service · WorldRelated fact: single sourceSource report revisedTrump Responds to US Stock Market Plunge: Blames Democrats
Report first recorded Nov 6, 11:03
Donald Trump responded to a sharp decline in US stock markets on social media, blaming Democrats for the drop. The Dow Jones fell 3.44%, S&P 500 dropped 4.36%, and Nasdaq declined 5.52%.
Read original source ↗ - China News Service · FinanceSelectedRelated fact: single sourceFact occurrence time unverifiedSource report revisedUS chip stocks plunge in broad selloff, Nasdaq drops over 5.5%
Report first recorded Nov 6, 08:35
On November 5, 2026, US stocks fell sharply as chip and AI-related shares faced heavy selling. The Nasdaq Composite dropped 5.52% to 24,315, while the Dow fell 3.44% and the S&P 500 fell 4.36%. The Philadelphia Semiconductor Index slid 12.25%, its largest single-day drop since March 2020. Nvidia, Intel, AMD, Micron and other chip stocks fell more than 9%. Market analysts linked the selloff to concerns over US AI industrial policy after the midterm elections, including a Texas governor-elect's call to suspend data center development.
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