--- title: "Apple, Nvidia And Other 8 Tech Stocks Just Wiped Out $500 Billion As A New Threat Emerges" type: "News" locale: "en" url: "https://longbridge.com/en/news/275801606.md" description: "Tech giants, including Apple and Nvidia, lost over $500 billion in market value on Thursday due to Cisco's weak margin outlook and ongoing memory shortages. Apple's market cap fell by $200 billion, marking its worst single-day drop since Liberation Day. The decline was exacerbated by fears of AI disruption, with Cisco's earnings report revealing lower-than-expected gross margin guidance. Other companies like Tesla, Amazon, and Meta also faced significant losses, as rising input costs and supply chain issues compounded the sector's challenges." datetime: "2026-02-12T19:06:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275801606.md) - [en](https://longbridge.com/en/news/275801606.md) - [zh-HK](https://longbridge.com/zh-HK/news/275801606.md) --- # Apple, Nvidia And Other 8 Tech Stocks Just Wiped Out $500 Billion As A New Threat Emerges Wall Street's tech unwind accelerated Thursday, erasing more than $500 billion in market value across 10 heavyweight names. But unlike recent pullbacks triggered by broad-based software stocks selloff, Thursday’s fall also hit legacy hardware giants. According to Coinmarketcap.com, here are the 10 largest single-day market cap loss within the tech sector on Thursday: - **Apple Inc.** (NASDAQ:AAPL): -$200.04 billion, after falling 5% – the worst single-day drop since Liberation Day. - **Tesla Inc.** (NASDAQ:TSLA): -$52.28 billion - **Amazon.com Inc.** (NASDAQ:AMZN): -$51.08 billion - **Broadcom Inc**. (NASDAQ:AVGO): -$41.77 billion - **Cisco Systems Inc.** (NASDAQ:CSCO): -$39.42 billion - **Meta Platforms Inc.** (NASDAQ:META): -$35.19 billion - **Taiwan Semiconductor Manufacturing Co**. (NYSE:TSM): -$30.85 billion - **AppLovin Corp**. (NASDAQ:APP): -$28.05 billion - **NVIDIA Corp**. (NASDAQ:NVDA): -$20.82 billion - **Palantir Technologies Inc**. (NYSE:PLTR): -$19.54 billion ## Why Are Tech Stocks Falling? Fears over AI disruption continue to rattle the software sector. The **iShares Expanded Tech-Software Sector ETF** (NYSE:IGV) dropped more than 3% Thursday, revisiting lows last seen last week. Year to date, the industry is down over 20%. But Thursday's broader tech slump had a clear catalyst: Cisco earnings Cisco plunged 11% despite topping expectations. The company reported earnings of $1.04 per share, beating the $1.02 consensus. Revenue came in at $15.35 billion, above estimates of $15.11 billion, supported by strength in networking. The problem was margins. Goldman Sachs analyst **Michael Ng** highlighted that Cisco’s networking revenue grew 21% year over year and orders accelerated above 20%. Yet fiscal third-quarter gross margin guidance of 65.5%-66.5% missed the 68% consensus, reflecting a heavier hardware mix and higher commodity costs. Management cited memory inflation and pledged pricing actions and long-term supply agreements through fiscal 2026. Then China’s tech giant Lenovo confirmed the risk of mounting pressure on PC shipments amid worsening memory shortages. CEO **Yang Yuanqing** told Reuters on Thursday the company expects unit pressure but aims to maintain profitability. Peers **Dell Technologies Inc.** (NYSE:DELL) and **HP Inc.** (NYSE:HPQ) plunged 10.2% and 7%, respectively, highlighting that rising input costs and supply strains are now competing with AI disruption risks as dominant drags in tech market. _Image: Shutterstock_ ### Related Stocks - [CSCL.US](https://longbridge.com/en/quote/CSCL.US.md) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [TSLT.US](https://longbridge.com/en/quote/TSLT.US.md) - [AAPB.US](https://longbridge.com/en/quote/AAPB.US.md) - [CSCS.US](https://longbridge.com/en/quote/CSCS.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [METW.US](https://longbridge.com/en/quote/METW.US.md) - [CSCO.US](https://longbridge.com/en/quote/CSCO.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [TSL.US](https://longbridge.com/en/quote/TSL.US.md) - [IGV.US](https://longbridge.com/en/quote/IGV.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [AAPU.US](https://longbridge.com/en/quote/AAPU.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [AMZZ.US](https://longbridge.com/en/quote/AMZZ.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [XLK.US](https://longbridge.com/en/quote/XLK.US.md) - [RSPT.US](https://longbridge.com/en/quote/RSPT.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [AAPD.US](https://longbridge.com/en/quote/AAPD.US.md) - [AMZU.US](https://longbridge.com/en/quote/AMZU.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [AAPX.US](https://longbridge.com/en/quote/AAPX.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [AMZW.US](https://longbridge.com/en/quote/AMZW.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) ## Related News & Research - [LIVE MARKETS-Life after the Fed put](https://longbridge.com/en/news/294717422.md) - [Big Tech's $1.2 Trillion Hyperscaler AI Bet Could Ignite the Next Semiconductor ETF Rally](https://longbridge.com/en/news/294843392.md) - [Palantir Is Growing Like Nvidia—Without Joining The AI Spending Race](https://longbridge.com/en/news/294845729.md) - [LIVE MARKETS-How bond vigilantism can hit stocks](https://longbridge.com/en/news/294511421.md) - [Segall Bryant & Hamill LLC Buys New Shares in Cisco Systems, Inc. $CSCO](https://longbridge.com/en/news/294795550.md)