Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple
Published . Updated .
Covered by 5 outlets: Associated Press, Pittsburgh Post-Gazette, Union-Bulletin, The Northern Virginia Daily, hngnews.com.
Who covered it: Center 1 · Not rated 4. How we rate outlets
Key takeaways
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This report is about semiconductors and AI and big tech.
Directly affected
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-3.3% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “big tech” (AI and big tech) in this story.
- ASML ASML Holding N.V-0.1% 17d
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-11.9% 30d
Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
- MSFT Microsoft+1.8% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “big tech” (AI and big tech) in this story.
- GOOGL Alphabet-20.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “big tech” (AI and big tech) in this story.
- AMZN Amazon.com-3.6% 30d
Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “big tech” (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 | +7.75% | +5.68% | base | +2.68% | after close | after close | after close |
| AAPL | +2.48% | +3.04% | base | -2.93% | after close | after close | after close |
| SMH | +9.78% | +10.54% | base | +2.65% | after close | after close | after close |
| SOXX | +12.64% | +13.25% | base | +3.38% | after close | after close | after close |
| QQQ | +5.87% | +5.02% | base | +0.86% | after close | after close | after close |
| ASML | +7.22% | +9.85% | base | +2.32% | after close | after close | after close |
| TSM | +9.59% | +8.27% | base | +2.05% | after close | after close | after close |
| MSFT | +4.85% | +4.61% | base | +1.62% | after close | after close | after close |
| GOOGL | +14.89% | +1.62% | base | +0.06% | after close | after close | after close |
| AMZN | +3.01% | -0.81% | base | +0.42% | 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.
Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple AP News
Source: Associated Press
How far Vaneck Etf Trust (SMH) has moved since 3 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| AAPL | that day | -2.93% | still updating |
| AAPL | three days earlier | +3.04% | final price |
| AAPL | five days earlier | +2.48% | final price |
| Amazon Com (AMZN) | that day | +0.42% | still updating |
| Amazon Com (AMZN) | three days earlier | -0.81% | final price |
| Amazon Com (AMZN) | five days earlier | +3.01% | final price |
| ASML | that day | +2.32% | still updating |
| ASML | three days earlier | +9.85% | final price |
| ASML | five days earlier | +7.22% | final price |
| Alphabet (GOOGL) | that day | +0.06% | still updating |
| Alphabet (GOOGL) | three days earlier | +1.62% | final price |
| Alphabet (GOOGL) | five days earlier | +14.89% | final price |
| Microsoft (MSFT) | that day | +1.62% | still updating |
| Microsoft (MSFT) | three days earlier | +4.61% | final price |
| Microsoft (MSFT) | five days earlier | +4.85% | final price |
| Nvidia (NVDA) | that day | +2.68% | still updating |
| Nvidia (NVDA) | three days earlier | +5.68% | final price |
| Nvidia (NVDA) | five days earlier | +7.75% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | +0.86% | still updating |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | +5.02% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +5.87% | final price |
| Vaneck Etf Trust (SMH) | that day | +2.65% | still updating |
| Vaneck Etf Trust (SMH) | three days earlier | +10.54% | final price |
| Vaneck Etf Trust (SMH) | five days earlier | +9.78% | final price |
| Ishares Tr (SOXX) | that day | +3.38% | still updating |
| Ishares Tr (SOXX) | three days earlier | +13.25% | final price |
| Ishares Tr (SOXX) | five days earlier | +12.64% | final price |
| TSM | that day | +2.05% | still updating |
| TSM | three days earlier | +8.27% | final price |
| TSM | five days earlier | +9.59% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Nvidia (NVDA) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 32 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 33 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Nvidia (NVDA) (held by a dependent child), worth $1,001 - $15,000 on 23 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Apple (AAPL) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Apple (AAPL) (held by a spouse), worth $100,001 - $250,000 on 22 Sep 2026. That is 42 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Cleo Fields bought Apple (AAPL), worth $1,001 - $15,000 on 8 Sep 2026. That is 56 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 11 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Michael T. McCaul bought Asml Holding (ASML) (held by a spouse), worth $50,001 - $100,000 on 7 Aug 2026. That is 88 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Cleo Fields bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 9 Oct 2026. That is 25 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 22 Sep 2026. That is 42 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Taiwan Semiconductor Manufacturing (TSM) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 70 days before publication. Filed 14 Oct 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 32 days before publication. Filed 27 Oct 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).
Who gains and who loses around Vaneck Etf Trust (SMH)
Companies mentioned with this story
- SMH Vaneck Etf Trust
In “Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story
- SOXX Ishares Tr
Ishares Tr (SOXX) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple.” Reason on file: iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story
- QQQ Invesco Qqq Trust, Series 1
Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple.” Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “big tech” (AI and big tech) in this story
- NVDA Nvidia
For “Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple,” Nvidia (NVDA) is linked, with no stored direction, medium confidence. Reason on file: Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story
- MSFT Microsoft
For “Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple,” Microsoft (MSFT) is linked, with no stored direction, medium confidence. Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “big tech” (AI and big tech) in this story
- GOOGL Alphabet
For “Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple,” Alphabet (GOOGL) is linked, with no stored direction, medium confidence. Reason on file: Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “big tech” (AI and big tech) in this story
- AMZN Amazon Com
For “Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple,” Amazon Com (AMZN) is linked, with no stored direction, medium confidence. Reason on file: Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “big tech” (AI and big tech) in this story
- AVGO Broadcom
In “Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple,” Broadcom (AVGO) is linked, with no stored direction, medium confidence. Reason on file: Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story
Vaneck Etf Trust (SMH)
On 3 Nov 2026, “Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple” is the story that connects Vaneck Etf Trust (SMH) to this story.
The link for Vaneck Etf Trust (SMH) is this: VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story
Ishares Tr (SOXX) is here too. Its reason reads: iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story
Price levels for Vaneck Etf Trust (SMH)
QQQ traded between 680.34 and 758.19 across 20 sessions. The latest close on file is 681.22. SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07. SOXX traded between 452.10 and 596.35 across 20 sessions. The latest close on file is 453.73.
A simple score for Vaneck Etf Trust (SMH)
77 out of 100Price not final
“Nvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple” scores 77 out of 100. The score uses 5 sources, and 8 linked companies. The price is not final yet.