AMD and other chip stocks slide as Wall Street rethinks the AI trade without Jensen Huang
🔎 Nguồn: Chuyên ngành · khách quan, có nguồn
MarketWatch navigation
Featured
Commerce
Media & Games
Account Settings
Tech Stocks
AMD and other chip stocks slide as Wall Street rethinks the AI trade without Jensen Huang
Nvidia could scale back its status as the ‘central bank of AI,’ analysts say — and that could have repercussions across the tech sector
AMD’s stock has more than erased the gains it sustained in Thursday’s session.Photo: MarketWatch/iStockphoto
Referenced Symbols
At first, it looked like Nvidia’s pain might be the rest of the chip sector’s gain. But now, investors aren’t so sure.
After news broke this weekend that Nvidia’s
board of directors had launched an investigation into whether one of former CEO Jensen Huang’s relationships compromised business secrets, the PHLX Semiconductor Index
posted a 10.6% gain across the first four days of the week. The thinking was that a potentially weaker Nvidia could mean more opportunities for direct rivals and afford more pricing leverage to suppliers. Huang resigned as Nvidia’s chief executive on Thursday morning.
Continue reading your article with
a MarketWatch subscription
Partner Center
Most Popular
[‘Strangely calming and unnerving’: How Microsoft’s massive outage upended the corporate workday](https://www.marketwatch.com/story/strangely-calming-and-unnerving-how-microsofts-massive-outage-upended-the-corporate-workday-9a78d000?mod=MW_article_top_stories)
[Jensen Huang was a ‘China salesman’ for Nvidia. His exit is weighing on Chinese tech stocks.](https://www.marketwatch.com/story/jensen-huang-was-a-china-salesman-for-nvidia-his-exit-is-weighing-on-chinese-tech-stocks-e46351e4?mod=MW_article_top_stories)
[I inherited $1.4 million from my father. Am I wrong to ask my husband of 25 years for a postnuptial agreement?](https://www.marketwatch.com/story/i-inherited-1-4-million-from-my-father-am-i-wrong-to-ask-my-husband-of-25-years-for-a-postnuptial-agreement-b739c51d?mod=MW_article_top_stories)
[The real reason why everything costs so much more at the airport](https://www.marketwatch.com/video/explainomics/the-real-reason-why-everything-costs-so-much-more-at-the-airport/4F66F842-23BE-4402-AAF7-0B693B7761D3.html?mod=MW_article_top_stories)
[The epic $29 trillion battle for Social Security has begun](https://www.marketwatch.com/story/the-epic-29-trillion-battle-for-social-security-has-begun-a5e57f5a?mod=MW_article_top_stories)
Hannah Pedone is a New York–based technology reporter for MarketWatch.
Show Conversation (0)
