Tech stocks dropped over $1 trillion in value in a single session, with major indexes like Nasdaq 100 and S&P 500 falling significantly amid rising oil prices and Treasury yields. Despite the selloff, Nvidia's CEO Jensen Huang expressed strong confidence in AI's transformative impact and long-term growth, though he offered no new financial guidance. Nvidia's stock held up better than peers like AMD and Intel, reflecting investor trust in its AI leadership. The upcoming November earnings report will be crucial to validate Nvidia's growth outlook amid market volatility.
As of Oct 17, 2026 18:31 WIB, Nvidia's stock on Pluang is trading at USD 214.13, down 1.43% for the day, showing more resilience compared to Intel, which fell 5.79% to USD 89.85. Despite the broader tech selloff, Nvidia maintains strong investor interest with 68% of Pluang orders to buy. The stock's market cap stands at $5.17 trillion, underscoring its significant presence in the tech sector.
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