Why Tech, Semis, and AI Stocks Are Crashing and What Comes Next

As seen on the 24/7 Wall St. homepage on November 5, 2026.

Reddit Pulse r/stocks
What Happened to Tech, Semis, and AI Stocks and Why Have They Been Crashing Lately?

u/LifeInAction 160 upvotes 467 comments

This is psychology/social engineering mixed with algorithms designed to take profits in this zero sum game. Yes some of these deserve to crash hard as they are not sustainable, but a lot of what is going down has absolutely no reason for it to.

467 comments on one post asking why semis and AI names are halving shows retail is still hunting for a reason. "It seems like a buying opportunity" carries no weight when you cannot name what changed.

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A heavily debated r/stocks thread on November 5, 2026 asked why tech, semiconductor, and AI stocks have been crashing, noting names that were skyrocketing earlier in the year now sit near one-year lows, with some down over 50%.

The core frustration is that fundamentals have not obviously deteriorated, yet prices keep falling.

The top comment framed the move as psychology and algorithmic profit-taking, conceding some valuations were unsustainable while arguing much of the decline has no clear fundamental justification.

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Commenters split between blaming post-midterm Democratic rhetoric on pausing advanced AI development and restricting new data centers, and arguing bubbles burst on their own timeline regardless of politics.

When retail investors flood a thread looking for an explanation, the market has usually moved faster than any single narrative can explain, and "It seems like a buying opportunity" carries no weight when you cannot name what changed.

Mentioned: NBIS, AMD, MU