Current outcome
The October 30 US tech selloff deepened and spread across semiconductors, with Intel plunging 30% on weak guidance, Nvidia's market cap falling below $5 trillion, Nasdaq 100 down as much as about 3%, and S&P 500 down about 1.25%; energy and healthcare gained as rotation intensified.
Progress timeline
2 material updates- #01
美股开盘，科技股抛售遭持续，英特尔暴跌25.7%
US equities opened sharply lower with the Nasdaq down 2.2% as the tech selloff deepened, led by Intel's 25.7% plunge on weak PC demand and cash-flow concerns and Amazon's 5.3% drop after soft Q4 guidance, while energy names like Exxon gained.
Source evidence: theblockbeats
- #02
美股遭遇「黑色星期五」：英特尔暴跌30%，英伟达市值失守5万亿美元
The intraday selloff widened across semiconductors: Intel fell 30%, the Philadelphia Semiconductor Index dropped 5.7%, AMD fell about 10%, Arm fell 9.5%, and Nvidia fell 3.3% with its market cap below $5 trillion; Intel's Q4 revenue and EPS guidance missed expectations and management expects PC weakness to persist at least through H1 2027.
State after update: The October 30 US tech selloff deepened and spread across semiconductors, with Intel plunging 30% on weak guidance, Nvidia's market cap falling below $5 trillion, Nasdaq 100 down as much as about 3%, and S&P 500 down about 1.25%; energy and healthcare gained as rotation intensified.
Source evidence: theblockbeats