Never bought Nvidia stock? Its slide could still hit your 401(k).

November 13, 2026 / 4:32 PM EST / CBS News

Even if you never bought a single share of Nvidia, the embattled chipmaker's steep slide this week could still ding your retirement savings.

Nvidia is a component of the S&P 500 and many other indexes, including the Nasdaq 100 and Dow Jones Industrial Average, all popular with retirement savers through funds offered by millions of employer retirement plans. About 97% of retirement plans now offer index funds, up from 79% in 2006, according to March research from the Investment Company Institute and ISS Market Intelligence.

That means even if you haven't directly bought Nvidia stock, your 401(k) is likely exposed to the chipmaker through an index fund, such as the SPDR S&P 500 ETF Trust or Vanguard's S&P 500 ETF (which trade under the tickers SPY and VOO, respectively).

Overall, Nvidia represents about 6% of the S&P 500 index, making it the second-largest component after Apple, according to Yahoo Finance.

Nvidia's shares started falling on Monday amid revelations that cofounder Jensen Huang had an extramarital relationship with a suspected Chinese spy. Huang resigned from his role as CEO on Thursday, causing a further drop in the stock.

Since Nov. 6…

Original source: https://www.cbsnews.com/entertainment/