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BREAKING LIVEvia finance.yahoo.comMarkets

Nvidia stock slips after CEO Jensen Huang's exit as the chip sector falls

FROM THE WIRE · FINANCE.YAHOO.COM

Nvidia (NVDA) stock slipped more than 2% on Friday as investors digested the exit of Jensen Huang as CEO of the AI chip heavyweight on the heels of reports of multiple affairs. The stock is expected to close out the week in the red, slipping below the $4 trillion market cap…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishNvidia is a mega-cap and the drop across chip stocks is relevant for the whole semiconductor sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nvidia shares fell more than 2% on Friday.
  2. 02Shares of AMD, Broadcom and Intel dropped roughly 2%.
  3. 03One strategist sees support at $165 per share.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock161.78 USD-0.72%today -2.65%Negative Advanced Micro Devices, Inc.AMDStock542.52 USD-1.82%today -7.31%Negative Broadcom Inc.AVGOStock345.55 USD-0.70%today -5.16%Negative Intel Corp.INTCStock58.79 USD-1.89%today -3.94%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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