Nvidia's CEO says "all of this is going to pass" after tech lost $1 trillion in a day

FinanceInternational24/7 Wall St.Oct 17, 2026, 6:15 AM25 s readAI summary

Tech stocks shed more than a trillion dollars in a single session, while oil and Treasury yields climbed. In that context, Nvidia CEO Huang said from Berlin that "all of this is going to pass." Nvidia fell about 1%, while AMD and Intel also declined.

In 25 seconds

The tech sector lost more than a trillion dollars in a single trading session.
Nvidia CEO Huang said from Berlin that "all of this is going to pass."
Nvidia slipped about 1%, while AMD and Intel also fell.

Read the full story at 24/7 Wall St.

IASummary generated by artificial intelligence from a story by 24/7 Wall St.. It may contain errors: the original source prevails.

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Nvidia's CEO says "all of this is going to pass" after tech lost $1 trillion in a day

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day