AI trade unwinds: Nvidia drops 7.46% to $185 as leveraged retail traders panic

Zachly · x · 2026-11-06

Zachly vents about the AI trade unwinding, with a screenshot showing Nvidia at $185.20, down 7.46% on the day. He jokes about being stuck with 3x-leveraged AI stock positions, citing Micron falling from $1000 to $650, Nvidia from $200 to $180, and AMD from $500 to $400, and mocking the "AI data centers on the moon" narrative. The post captures retail panic during the AI selloff, with concrete drawdown numbers.

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