Wall Street opens lower: Nvidia falls nearly 12% while AMD and Broadcom rise after Jensen Huang's resignation

FinanceInternationalXTB.comNov 12, 2026, 9:43 AMAI summary

US indices trade lower after the open: the Nasdaq 100 falls 1.2% and the S&P 500 retreats almost 0.7%. Nvidia loses nearly 12% after Jensen Huang's resignation as CEO, while Broadcom and AMD rise about 2% and Colette Kress takes over as interim CEO. Fed's Beth Hammack said further rate hikes will be needed. Bitcoin drops below $72,000 and WTI rises more than 1%, above $87.

In 30 seconds

Nasdaq 100 falls 1.2% and S&P 500 retreats almost 0.7% at the open
Nvidia loses nearly 12% after Jensen Huang's resignation; Colette Kress is interim CEO
Broadcom and AMD rise about 2% amid Nvidia's transition

Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

Wall Street
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Wall Street opens lower: Nvidia falls nearly 12% while AMD and Broadcom rise after Jensen Huang's resignation

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Keep reading

Pacto Histórico announces marches and political fight against De La Espriella's tax reform

Grupo Aval reports $368 billion pesos in third-quarter profit and says fixing the fiscal deficit is key

TGS wins ocean bottom node (OBN) seismic contract offshore Namibia

Dollar opens at 3,284.12 pesos in Colombia, 12.95 below the TRM