AMD, Broadcom gain after reports Nvidia board preparing to oust Huang
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- AMD and Broadcom rallied in Thursday premarket trading after The Wall Street Journal reported that Nvidia's board is preparing to oust founder and CEO Jensen Huang. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralA possible CEO change at a mega-cap chipmaker is moving Nvidia and peer shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Wall Street Journal reported Nvidia's board is preparing to oust founder Jensen Huang.
- 02Nvidia shares tumbled more than 6% premarket, while AMD rose 3.6% and Broadcom 2.5%.
- 03No official outcome or board statement had been confirmed.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA Corporation173.73 USDMarket closedtoday +2.87%Negative Advanced Micro Devices, Inc.552.90 USDMarket closedtoday +7.32%Positive Broadcom Inc.345.22 USDMarket closedtoday +3.99%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets