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via finance.yahoo.comMarkets

Nvidia stock sinks up to 9% on CEO scandal, dragging down AI names

FROM THE WIRE · FINANCE.YAHOO.COM

Nvidia (NVDA) stock sank as much as 9% Thursday morning as the scandal surrounding CEO Jensen Huang weighed on shares, while rivals Broadcom (AVGO) and AMD (AMD) gained on bets that its troubles could send more chip business their way. AMD (AMD) stock rose more than 1% while…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe drop in Nvidia, a central AI mega-cap, drags the semiconductor group while some rivals gain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nvidia shares fell as much as 9% Thursday morning as the scandal surrounding CEO Jensen Huang weighed on the stock.
  2. 02AMD and Broadcom gained on bets that Nvidia's troubles could send more chip business their way.
  3. 03CoreWeave dropped 10% in pre-market trading and Nebius also sank, while Intel fell 2%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock173.73 USDMarket closedtoday +2.87%Negative Advanced Micro Devices, Inc.AMDStock552.90 USDMarket closedtoday +7.32%Positive Broadcom Inc.AVGOStock345.22 USDMarket closedtoday +3.99%Positive Intel Corp.INTCStock62.50 USDMarket closedtoday +7.52%Negative CoreWeave, Inc. Class A Common StockCRWVStock60.77 USDMarket closedtoday +24.71%Negative Nebius Group N.V.NBISStock154.69 USDMarket closedtoday +15.44%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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