Key Highlights

  • Nvidia (NASDAQ:NVDA) closed down 9.26% at USD 181.60 on November 5, 2026, a fall of USD 18.53 a share in a session that hit chip and AI names hard.
  • A live market page showed Nvidia up about 4.07% and Micron up about 7.74% on Friday, but did not label the figures as premarket, so they are treated as indicative.
  • Nasdaq-100 futures were listed up about 1% to 1.2% on Friday morning after the index fell 6.36% on Thursday, according to published market data.
  • The October jobs report is due this morning, with Payroll consensus listed near 55,000 and the Unemployment rate expected at 4.2%.

Nvidia's Drop and the Early Rebound Signals

Nvidia (NASDAQ:NVDA) lost 9.26% on Thursday, closing at USD 181.60, as the Nasdaq-100 fell 6.36% and the Philadelphia Semiconductor Index slid more than 12% in published coverage. On Friday a live market page listed Nvidia up about 4.07% and Micron (NASDAQ:MU) up about 7.74%. The page did not say whether those were premarket moves, and its futures figures differed between the ticker and the text, so they may come from different times. Treat them as early indications, not settled prices. Nvidia is the largest chip supplier for AI data centers, while Micron supplies the memory those systems need, so both are read as barometers of AI spending. Futures for the Nasdaq-100 were listed up about 1% to 1.2%, a partial recovery after Thursday's 6.36% loss.

AMD, Micron and the Case for and Against the Dip

Advanced Micro Devices (NASDAQ:AMD) was described as hit in the chip selloff, but no Friday move for it was found. Supporters of the dip argument point to lower prices after a sharp one-day drop. Skeptics point to concerns about AI spending, a later report that Microsoft would not extend one Texas capacity deal with a cloud provider, and the fact that chip stocks fell by double digits in one session. Whether a rebound holds is not known, and this article offers no view on it. Early gains after a rout often fade once regular trading starts, so the open matters more than the premarket quote.

Jobs Data Could Test Any Rebound in Nvidia

The October jobs report, due this morning, is the next test. Consensus was listed at about 55,000 to 65,000 jobs added versus a prior 29,000, with unemployment expected at 4.2% and hourly Earnings up 0.3% on the month. A weak or strong number could move rates and Growth Stocks alike, including Nvidia (NASDAQ:NVDA). Traders will also watch whether the early gains in chip names survive the opening bell and whether Volume confirms the bounce. Rates matter because growth stocks are valued on distant earnings. The risks are plain: sharp one-day drops can extend, quoted early gains can reverse by the open, and a rebound from a 9.26% fall still leaves the stock below Wednesday's level.

Where Things Stand

It is too early to call this a dip that has ended. Nvidia (NASDAQ:NVDA) fell 9.26% to USD 181.60, and early Friday indications showed a partial bounce of about 4%, but those figures are unlabelled and may change by the open. The AI debate turns on spending plans, the jobs report and whether chip names stabilize. This is a description of what happened, not a recommendation, and other investors may weigh the same facts differently. Valuation, spending plans and rates all remain open questions.