Nvidia is the Only Chip Stock in the Red Nauman Khan Tue, November 10, 2026 at 9:18 AM EST 1 min read NVDA -4.16% TSM +1.14% AMD +2.12% INTC -0.94% MU -1.69% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Nvidia (NASDAQ:NVDA) was the only chip stock in the red Monday, falling 4.3% to close at $178.62 after its board opened an independent investigation into CEO Jensen Huang.
The probe follows reports about Huang's relationship with a Chinese businesswoman. Huang has also publicly acknowledged an extramarital affair.
Warning! GuruFocus has detected 3 Warning Signs with NVDA.
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Investors appear to be weighing key-person risk, the danger that a company leans heavily on one executive, given Nvidia's central role in the artificial intelligence infrastructure boom. News about competing AI chip products may also have weighed on sentiment.
How the review unfolds could keep leadership questions in focus for investors in the coming sessions.
Peers moved the other way as the broader semiconductor sector and wider technology market rallied. Advanced Micro Devices (NASDAQ:AMD) gained about 4%, and Broadcom (NASDAQ:AVGO) climbed about 3%.
Intel (NASDAQ:INTC) and Micron Technology (NASDAQ:MU) edged higher. Taiwan Semiconductor Manufacturing (TSM) closed up nearly 2% to about 4.7%, depending on the listing.
The PHLX Semiconductor Index, a gauge of chip company shares, finished up more than 6.8%, underscoring the gap with Nvidia.
