Nasdaq 100 drops 6%, a record $2.3T loss, and chip index falls 12% as investors bet a Democratic Congress will slow AI build-out
Partly confirmed
Importance: major (4 of 5)Status
- Claim
Partly confirmed
- Our reporting
- Medium confidence
- Importance
- Major (4 of 5)
- Last verified
- 6 November 2026
Your AI and this story
- GPT-6 Astra189 days after its cutoff
- Claude Opus 5.5128 days after its cutoff
- Gemini 4 Argon219 days after its cutoff
- Grok 4.7158 days after its cutoff
None of these four assistants can know about it. The closest, Claude Opus 5.5, stops 128 days before it.
Key facts
- Bloomberg (via Techmeme): Nasdaq 100 −6%, record $2.3T lost; SOX −12%
- Nikkei Asia (Nov 6): Taiex record intraday point drop; Kospi −8.7%, trading halted; Nikkei −6.7%
- The day before (Nov 4) big tech had risen on bets of slower capex; data-centre stocks had fallen
- White House on X quoting Trump: ‘The Stock Market suffered one of the Worst Days in History based on the results of the Election’ (1.66M views)
- Knock-on: investors questioned Anthropic’s $1.5T IPO target (see Investors doubt Anthropic’s IPO can reach $1.5T after the AI selloff)
What happened
Written from Techmeme’s and Nikkei’s headlines; Bloomberg and WSJ are paywalled for us.
Sources
4 sources from 4 sites. Numbers match the chips in the text.
4 sources: 3 press, 1 reaction
Press
- Bloomberg: chip selloff extends into second daybloomberg.com, press
- WSJ live coverage, Nov 5wsj.com, press
- Nikkei Asia: Taiwan stocks in steepest-ever fall, South Korea halts tradingasia.nikkei.com, press
Reactions
- White House on Xx.com, discussion
Changes
- Filed