U.S. stocks opened with a Black Thursday, Nvidia fell nearly 4%, while SanDisk, AMD, Qualcomm, and others dropped over 10%.

BlockBeats news, November 5th, according to data from the BIT stock platform, at the beginning of the US stock market, the Nasdaq fell over 2%, the Dow slightly declined, the S&P 500 dropped 1%, Qualcomm opened down 14%, marking its worst single-day performance since 2020. The Philadelphia Semiconductor Index fell 5%. Tesla's decline widened to 5%, Nvidia dropped over 3%, AMD fell over 10%. The semiconductor and storage, crypto concept, and optical communication sectors broadly declined.

Semiconductors and storage suffered heavy losses: Seagate Technology (STX) fell 9.68%; Western Digital (WDC) fell 9.09%; SanDisk (SNDK) fell 10.70%; Micron Technology (MU) fell 6.77%; Nvidia (NVDA) fell 3.78%; Intel (INTC) fell 5.83%; Advanced Micro Devices (AMD) fell 10.79%.

Crypto concept: Strategy (MSTR) fell 3.50%; Coinbase (COIN) fell 2.28%; Circle (CRCL) fell 5.16%; BitMine (BMNR) fell 3.64%; SharpLink (SBET) fell 4.43%.

Optical communication: FOTO (FOTO) fell 6.82%; Marvell Technology (MRVL) fell 7.31%; Applied Optoelectronics (AAOI) fell 9.85%; Lumentum (LITE) fell 8.11%; Coherent (COHR) fell 8.38%; Ciena (CIEN) fell 8.43%; Fabrinet (FN) fell 7.95%; AXT (AXTI) fell 12.11%.