US stock futures mixed as tech rebounds despite Nvidia CEO reports
US index futures diverged as tech stocks rebounded, even though Nvidia fell on reports its board may replace CEO Jensen Huang, according to Stocktwits.
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what happened
According to Stocktwits, US index futures traded mixed overnight: Dow futures rose 0.10%, S&P 500 futures fell 0.25%, and Nasdaq-100 futures dropped 0.46%. During the regular session on Wednesday, all three main indexes closed higher, with the Nasdaq Composite up 1.6%.
Nvidia shares fell more than 7% in extended trading after Bloomberg reported that the board had begun working with an outside firm to find possible successors to Jensen Huang and was considering naming an interim chief. Meanwhile, other AI and chip companies rallied: AMD rose more than 7% at the close, and the iShares Semiconductor ETF gained 6%.
This week investors will watch jobless claims, existing home sales and the US Producer Price Index for October.
why it matters
The chip rally despite Nvidia's slide shows the market is separating risk tied to one leader from the broader AI sector. Brent traded near $92 a barrel and slipped slightly, while the 10-year Treasury yield held around 4.99%.
market impact
Semiconductors and AI: chipmaker shares gained support while Nvidia faces pressure from leadership reports
- NVDA pressure down — reports of a possible CEO replacement and an interim leader
- AMD pressure up — investor interest shifting from Nvidia and new EPYC processor launch
tags
instruments
sources
- Dow, S&P 500, Nasdaq Futures Mixed As Tech Rebounds Despite Nvidia CEO Crisis: AMD, CSCO, AMAT In Focus — Stocktwits, 12 November 2026 at 03:15 UTC
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