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Nvidia Turmoil Lifts AMD, Broadcom on Bets for Business Gains

Bloomberg Markets Thursday 12 November 2026, 02:56 UTC By Abhishek Vishnoi 1 min read
Key Points

Nvidia Turmoil Lifts AMD, Broadcom on Bets for Business Gains Nvidia Corp.’s leadership turmoil is boosting potential beneficiaries, with Advanced Micro Devices Inc., Broadcom Inc. and Alphabet Inc. gaining after hours on bets they may win business from the chip giant. AMD and Broadcom each rose more than 3% as Nvidia sank 9% after hours on reports its board is preparing to oust Chief Executive Officer Jensen Huang, who led its rise to become, at one point, the world’s most valuable company.

Nvidia Turmoil Lifts AMD, Broadcom on Bets for Business Gains Nvidia Corp.’s leadership turmoil is boosting potential beneficiaries, with Advanced Micro Devices Inc., Broadcom Inc. and Alphabet Inc. gaining after hours on bets they may win business from the chip giant. AMD and Broadcom each rose more than 3% as Nvidia sank 9% after hours on reports its board is preparing to oust Chief Executive Officer Jensen Huang, who led its rise to become, at one point, the world’s most valuable company. Alphabet rose 0.3% in extended trading.
Broadcom on Bets for Business Gains Nvidia (ORG) Broadcom on Bets for Business Gains Nvidia Corp.’s (ORG) Advanced Micro Devices Inc. (ORG) Broadcom Inc. (ORG) Alphabet Inc. (ORG) AMD (ORG) Broadcom (ORG) Nvidia (ORG) Jensen Huang (PERSON)
Originally published by Bloomberg Markets Read original →

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