Nvidia crisis sends AMD up 30%, Broadcom up 24% Faizan Farooque Fri, November 13, 2026 at 7:02 AM EST 1 min read NVDA +1.75% AMD -1.45% AVGO -1.49% TSM +1.23% TXN -0.01% 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.
Advanced Micro Devices Inc. (AMD, Financials) surged 30% this week as investors looked to alternatives to Nvidia's chips after CEO Jensen Huang resigned.Broadcom jumped 24% and Taiwan Semiconductor Manufacturing Co rose 11%. Shares of Nvidia dropped 11% in the same time.The shift in leadership has prompted worries about whether Nvidia can continue to maintain its edge in AI chips and secure production capacity.Analysts claimed Huang's contacts with vendors helped Nvidia get vital components ahead of competitors.His departure might offer AMD and other chipmakers a chance to boost their market positions.Big IT businesses building their own specialized AI chips to decrease their dependency on Nvidia would also help Broadcom.TSMC, which makes innovative semiconductors for several firms, will win regardless of which designer obtains market share.Other semiconductor stocks were part of the rotation. Texas Instruments increased 13%, Analog Devices rose 12% and Infineon jumped 14%.Despite the move, researchers predict AI infrastructure investment to continue to increase until 2027.When Nvidia reports results on Nov. 17, investors will be looking for any news on leadership, demand and its competitive strategy.
