Nvidia was on track for its largest one-day market cap decline on record ahead of the chip maker’s earnings report later this week.

Nvidia stock was down 5.5%, on pace to lose $102 billion in market cap. It would surpass its previous record decline of $56 billion on May 31, 2023, according to Dow Jones Market Data.

To put Nvidia’s staggering size in perspective, Micron Technology has a market cap of $88 billion. Analog Devices’ market cap is $93 billion.

Nvidia shares have surged 1,621% in the past five years, and are up about 230% in the past year alone amid artificial intelligence exuberance.