Daily Market Updates: AMD and other chip stocks slide as Wall Street rethinks the AI trade without Jensen Huang

S&P 5007,592.40▼0.3% Nasdaq25,366.09▼0.4% Dow52,297.09▼0.4% Russell 2K2,799.06▼1.7% 10-Yr5.10%+10bp VIX18.70+1.21 WTI$88.74▲2.5% Gold$3,885.30▼2.9% EUR/USD1.109▼0.7% BTC$71,343▼3.5% Nikkei60,819▼0.7%

At close · Thu, Nov 12, 2026

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AMD and other chip stocks slide as Wall Street rethinks the AI trade without Jensen Huang

Reported · MarketWatch source summary · Equity Funds

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.

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Sources

MarketWatchAMD and other chip stocks slide as Wall Street rethinks the AI trade without Jensen Huang

MarketWatchAMD and other chip stocks slide as Wall Street rethinks the AI trade without Jensen Huang

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