Key facts
- Nvidia rose 2.78% to $186.64 on Friday, November 6, after falling 9.3% on Thursday, November 5.
- AMD rose 11.04% to $449.04 on Friday, November 6, after falling 17.3% on Thursday, November 5.
- South Korea's KOSPI lost 6% on Friday, November 6, and Taiwan's benchmark dropped more than 8% over the week.
- TSMC hit its daily limit-down threshold during the rout, and Taiwanese officials asked state-owned banks to help support prices, Reuters reported.
- The US Tech 100 cash-market proxy gained 1.85% to 27,007.3 on Friday, November 6, and was down more than 5.5% over the week.
- Reuters reported that the cost of insuring against a CoreWeave default climbed above 1,000 basis points.
Nvidia rose 2.78% to $186.64 on Friday, November 6, 2026, and AMD rose 11.04% to $449.04, recovering only part of the previous session's losses. Nvidia had fallen 9.3% on Thursday, November 5, and AMD 17.3%. Both stocks remained well below their October peaks, the report said, without giving those levels.
The rout spread to Asia. South Korea's KOSPI lost 6% on Friday, November 6, while Taiwan's benchmark dropped more than 8% over the week to that date, its worst week in months. TSMC hit its daily limit-down threshold during the rout. Reuters reported that Taiwanese officials asked state-owned banks to help support prices.
The US Tech 100 cash-market proxy gained 1.85% to 27,007.3 on Friday, November 6, leaving it down more than 5.5% over the week. The report said the bounce followed a larger slide from October levels rather than a return to the previous trend.
The report linked the selloff to political and financing doubts around AI infrastructure. It said voters favored limiting data-center development in 40 of 41 local ballot contests on November 3, according to Ballotpedia, and that some votes were advisory. It also cited rising borrowing costs and spending on AI capacity ahead of clear returns. Reuters quoted market strategist Steve Sosnick saying heavily owned stocks were already "priced to perfection."
Reuters reported on Friday, November 6, that the cost of insuring against a default by AI-cloud provider CoreWeave had climbed above 1,000 basis points. The report said broader bond markets were still operating relatively normally.