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KOMPUTER JADUL-, Tech giants have had to swallow a very bitter pill. The Nasdaq posted its biggest drop since 2022 earlier this week.
The world's seven most valuable tech giants lost more than $750 billion in market value. Concerns about tariff wars in the tech sector have driven a massive stock decline.
Apple led the sharpest decline, causing the company's value to fall by around $174 billion.
Nvidia also lost nearly $140 billion in market value, with shares closing down 5%. The AI chip giant has lost nearly a third of its market value in the two months since hitting a record high in January 2025.
Tesla posted its highest percentage drop in a day at 15%. This decline was worse than the company's worst day in 2020.
Tesla has lost more than half of its market value after hitting a record high in late December 2024, quoted from CNBC International, Tuesday (11/3/2025).
Tesla lost US$130 billion (Rp2,100 trillion) in market value on Monday (10/3) local time. Meanwhile, Microsoft and Alphabet lost US$98 billion (Rp1,600 trillion) and US$95 billion (Rp1,500 trillion) respectively. Amazon lost US$50 billion (Rp820 billion) and US$70 billion (Rp1.1 trillion).
All investors are flocking to sell shares in the technology sector. The impact of the tariff war disaster is increasingly being felt. This is because many technology companies rely on foreign components and manufacturing.
If forced to move manufacturing to the US, the selling price of technology products is likely to soar. This has raised concerns that the US will face a recession under President Donald Trump.
Semiconductor manufacturers such as Nvidia have also felt a significant impact. Last week, Trump announced an additional $100 billion investment from Taiwanese giant TSMC to build manufacturing in the U.S. to avoid tariffs. Trump called TSMC the world's most powerful chip giant for its willingness to boost local production.
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