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Jensen Huang drops out of global top 10 billionaires as US tech stocks slide

NewsFeeds update

Nvidia CEO Jensen Huang's net worth fell $15.1bn on Thursday to $151bn, dropping him from ninth to 13th on the Bloomberg Billionaires Index, as US tech stocks sold off. Nvidia shares fell 9.26%, their biggest drop since January 2025, and the index's 500 billionaires lost $185bn in a day.

MacroPANewsAINeutral

Read the original on PANews

The story so far: US semiconductor stocks slump

US chip stocks sold off on Oct 30, with Intel down 30% on weak guidance, and fell again on Nov 5 as the Philadelphia Semiconductor Index dropped. Nvidia CEO Jensen Huang's net worth fell $15.1bn as Nvidia shares dropped 9.26%. AXTI fell 10.1% over 24 hours to $40.52.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. US memory stocks fall early, SanDisk down 6.74%

  2. Memory-chip shares extend losses as Micron and SK Hynix fall over 5%

  3. SK Hynix extends decline to more than 12%

  4. Memory and optical communication shares slide, SK Hynix down over 6%

  5. US memory-chip stocks fall further as Kioxia ADR drops 10%

  6. Alphabet and Microsoft earnings to test AI spending and cloud growth

  7. Alphabet quarterly revenue and profit miss expectations as AI returns lag

  8. Alphabet posts $128bn Q3 revenue but misses estimates as AI spending climbs

  9. Alphabet shares fall after results as GOOGL futures open interest jumps

  10. Alphabet shares drop 12.18% intraday to $287.13

  11. Alphabet says AI-related commitments exceed $1tn, filing shows

  12. Alphabet shares fall over 11% as AI spending weighs on cash flow

  13. Chip stocks fall in US premarket trading, with Intel down 24.2%

  14. AMD shares fall 10.14% in intraday trading to $509.19

  15. US semiconductor stocks slump as Philadelphia index falls 5.67%

  16. Philadelphia Semiconductor Index falls 6% as chip shares slide

  17. Intel results drag chip stocks lower as AI trade worries return

  18. Kioxia ADR drops 15% on weak third-quarter outlook

  19. Philadelphia semiconductor index falls 7% as chip stocks slump

  20. US chip stocks slump as Intel falls 30% and Nvidia loses $5tn market value

  21. AI stocks swing as investors weigh capex returns after Alphabet results

  22. AXTI falls 16.1% in 24 hours to $51.99

  23. SNDK drops 15.7% in 24 hours to $1,131.57

  24. All three major US indices close lower as Intel falls 29.48%

  25. Nasdaq falls 2.86% as Intel and Google shares slump

  26. Semiconductor-linked US stock tokens fall over 24 hours

  27. AXTI falls 10.7% in 24 hours to $50.03

  28. Philadelphia Semiconductor Index falls 3% as chip stocks slide

  29. Philadelphia semiconductor index falls 5% as chip stocks slide

  30. Semiconductor-linked US stock contracts fall across the board in 24 hours

  31. SNDK falls 10.0% in 24 hours to $1,015.77

  32. AXTI drops 11.0% in 24 hours to $44.18

  33. AMD shares fall 10.12% intraday to $440.77

  34. SanDisk shares fall 10.09% intraday to $936.77

  35. US semiconductor stocks slide as Philadelphia index falls 5.68%

  36. US memory stocks extend sell-off as SanDisk falls more than 11%

  37. Nasdaq falls 3% as US memory stocks extend losses

  38. US AI hardware stocks slump, with several falling more than 10%

  39. US memory-chip and disk-drive stocks slump, with SanDisk down over 17%

  40. Semiconductor stocks slump as doubts grow over AI trade

  41. US stocks close lower as SanDisk and AMD slide

  42. Jensen Huang drops out of global top 10 billionaires as US tech stocks slide

  43. MU falls 10.8% in 24 hours to $697.24

  44. WDC falls 10.6% in 24 hours to $281.13

  45. SNDK falls 10.3% in 24 hours to $900.5

  46. AXTI falls 10.1% over 24 hours to $40.52

More Macro updates

  1. Morgan Stanley says leveraged ETF selling reached $57bn in 5 Nov US stock rout

    MacroBloomingbitAIBearish

  2. Shanghai Stock Exchange says listed companies' market value tops 65tn yuan

    MacroPANewsAINeutral

  3. Goldman Sachs says gold's slide is driven by speculative unwinding, not real rates

    MacroPANewsAINeutral

Every Macro update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.