Investing.com’s stocks of the week Sam Boughedda Fri, November 13, 2026 at 2:36 PM EST 4 min read BTC-USD -3.67% NVDA -2.37% AMD -9.11% AVGO -5.16% Trade BTC 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.
Investing.com -- One story at the top of the AI trade dominated the week, reshuffling expectations across the chip sector and spilling into Chinese tech, while a crypto-linked name fell on an index decision and a slide in bitcoin.
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Nvidia tumbled more than 13% over the week after Jensen Huang resigned as president, chief executive and a board member on Thursday, effective immediately, following allegations about his conduct. The news impacted the AI trade overall.
The revelations concerned extramarital affairs, including one with a woman suspected of being a Chinese spy and a company executive.
CFO Colette Kress has been appointed interim CEO while the board searches internally and externally for a permanent replacement. Harvey C. Jones, a board member since 1993, becomes chair. The company will still report earnings as scheduled on November 17.
Bernstein SocGen analyst Stacy Rasgon moved to the sidelines, reiterating a Market Perform rating and $200 price target on Nvidia, telling investors in a note that Kress should be able to keep things running and that he is not worried about near-term business impacts, with the shares screening extremely cheap.
However, he flagged considerable uncertainty around further news flow and questioned any successor's ability to fill Huang's shoes.
Nvidia's rivals were big winners as traders positioned for potential share gains, with Broadcom up 17.9% and AMD 17.6%.
TF International Securities analyst Ming-Chi Kuo said Alphabet's tensor processing units, along with development partners Broadcom and MediaTek, stand to be the primary beneficiaries of the shakeup.
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William Blair analyst Sebastien Naji upgraded AMD to Outperform from Market Perform, saying all four factors that had kept him on the sidelines since July have moved in the company's favour, including delays to Intel's Xeon roadmap and a valuation multiple now roughly in line with its three-year forward median.
He pointed to Nvidia facing increased scrutiny and a potential leadership vacuum, and said that with data center AI revenue set to surpass the server CPU franchise in the fourth quarter, AMD is positioned for more than 80% revenue growth next year.
Alibaba dropped 14.1% over the week as Chinese AI names slipped on concerns that the Huang controversy could trigger tighter U.S. scrutiny of how domestic operators access high-end chips.
The company has rented Nvidia chips through Megaspeed, whose founder is said to have had an affair with Huang and to have ties to Chinese intelligence.
Alibaba is due to report quarterly results next week amid questions over how it is securing the chips and computing capacity behind its AI plans. China's government on Thursday urged Washington not to use the scandal as a pretext for tightening export restrictions, according to Bloomberg.
Away from the Nvidia saga, Strategy fell 13.6% over the week as bitcoin dropped below $70,000, trading at $68,748 as of 13:42 ET Friday, and after MSCI confirmed the company will be removed from its global benchmarks, including the MSCI USA and MSCI World indexes, at the close on November 30.
The decision follows a revised methodology classifying companies whose assets are mainly non-operational holdings, such as digital assets, as non-operating entities ineligible for standard equity indexes.
JPMorgan estimated funds tracking MSCI benchmarks may need to sell around $2.8 billion of stock, warning total outflows could reach $8.8 billion if other index providers follow suit.
Strategy has disclosed that MSCI-linked passive funds hold roughly 13 million shares, about 3.1% of basic shares outstanding. The company holds more than 850,000 bitcoin.
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