AI stocks like Nvidia, Micron, and Sandisk have been blown up, but keep this in mind
Published . Updated .
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The good news/bad news in the aftermath of the midterm blue wave.
Directly affected
- NVDA Nvidia-8.4% 30d
Named in this report.
- MU Micron Technology-36.2% 30d
Named in this report.
- SNDK Sandisk-51.2% 30d
Named in this report.
Indirectly affected
- SMH VanEck Semiconductor ETF-16.4% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.
- SOXX iShares Semiconductor ETF-20.8% 30d
iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- MSFT Microsoft+4.1% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- GOOGL Alphabet-15.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- ASML ASML Holding N.V-7.1% 13d
ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
- TSM Taiwan Semiconductor Manufacturing-9.5% 30d
Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
- AMZN Amazon.com
Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| NVDA | +8.30% | +7.21% | base | after close | after close | after close | after close |
| MU | +20.84% | +15.26% | base | after close | after close | after close | after close |
| SNDK | +28.70% | +24.17% | base | after close | after close | after close | after close |
| SMH | +9.57% | +8.79% | base | after close | after close | after close | after close |
| SOXX | +10.81% | +10.19% | base | after close | after close | after close | after close |
| QQQ | +3.80% | +5.39% | base | after close | after close | after close | after close |
| MSFT | -4.44% | +4.80% | base | after close | after close | after close | after close |
| GOOGL | -1.99% | +1.50% | base | after close | after close | after close | after close |
| ASML | +7.09% | +5.03% | base | after close | after close | after close | after close |
| TSM | +6.26% | +5.43% | base | after close | after close | after close | after close |
| AMZN | -5.28% | +2.58% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
AI stocks like Nvidia, Micron, and Sandisk have been blown up, but keep this in mind Yahoo Finance Singapore
Source: Yahoo Finance
This story
| Company | When | Move | Status |
|---|---|---|---|
| AMZN | three days earlier | +2.58% | final price |
| AMZN | five days earlier | -5.28% | final price |
| ASML | three days earlier | +5.03% | final price |
| ASML | five days earlier | +7.09% | final price |
| GOOGL | three days earlier | +1.50% | final price |
| GOOGL | five days earlier | -1.99% | final price |
| MSFT | three days earlier | +4.80% | final price |
| MSFT | five days earlier | -4.44% | final price |
| MU | three days earlier | +15.26% | final price |
| MU | five days earlier | +20.84% | final price |
| NVDA | three days earlier | +7.21% | final price |
| NVDA | five days earlier | +8.30% | final price |
| QQQ | three days earlier | +5.39% | final price |
| QQQ | five days earlier | +3.80% | final price |
| SMH | three days earlier | +8.79% | final price |
| SMH | five days earlier | +9.57% | final price |
| SNDK | three days earlier | +24.17% | final price |
| SNDK | five days earlier | +28.70% | final price |
| SOXX | three days earlier | +10.19% | final price |
| SOXX | five days earlier | +10.81% | final price |
| TSM | three days earlier | +5.43% | final price |
| TSM | five days earlier | +6.26% | final price |
Congressional trades in the stocks in this story
- Rep. Maria Elvira Salazar bought Nvidia (NVDA), worth $1,001 - $15,000 on 23 Oct 2026. That is 16 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Nvidia (NVDA) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 37 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Cleo Fields bought Nvidia (NVDA), worth $1,001 - $15,000 on 1 Oct 2026. That is 38 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. John J McGuire III bought Micron Technology (MU) (held by a spouse), worth $1,001 - $15,000 on 1 Oct 2026. That is 38 days before publication. Filed 1 Nov 2026. View the filing.
- Rep. John J McGuire III bought Micron Technology (MU) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 44 days before publication. Filed 1 Nov 2026. View the filing.
- Rep. John J McGuire III bought Micron Technology (MU) (held by a spouse), worth $1,001 - $15,000 on 24 Sep 2026. That is 45 days before publication. Filed 1 Nov 2026. View the filing.
- Sen. Shelley M Capito sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 18 days before publication. Filed 4 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 15 Oct 2026. That is 24 days before publication. Filed 2 Nov 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 37 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 55 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 65 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 73 days before publication. Filed 12 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
25 out of 100
“AI stocks like Nvidia, Micron, and Sandisk have been blown up, but keep this in mind” scores 25 out of 100. The score uses 2 sources.