NVIDIA market cap falls below 5 trillion, Philadelphia Semiconductor Index plunges

on October 30, according to Bitget market data, the Philadelphia Semiconductor Index fell 5.7%, AMD (AMD.O) dropped 10%, Arm (ARM.O) fell 9.5%, Marvell Technology (MRVL.O) declined 5%, Qualcomm (QCOM.O) decreased 6.3%, NVIDIA (NVDA.O) slipped 3.3%, bringing their total market capitalization below $5 trillion.