US Stocks Mixed as Nvidia Selloff Weighs on Chipmakers
The Dow edged higher while the S&P 500 and Nasdaq fell after Jensen Huang's exit. Nvidia shares dropped 13% this week, Dow Jones Newswires reports.
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what happened
US stock indexes closed mixed, according to Dow Jones Newswires. The Dow Jones Industrial Average added 50.46 points, or 0.10%, to 52,347.55. The S&P 500 slid 30.73 points, or 0.40%, to 7,561.67, and the tech-heavy Nasdaq Composite lost 229.82 points, or 0.91%, to 25,136.27.
Nvidia shares fell 13% over the week, their steepest weekly decline since April 2025, when sweeping tariff announcements by President Trump rattled global investors. The outlet estimates the rout erased $573 billion from the company's market value. The selling spread across the chip sector: the PHLX Semiconductor index, which includes AMD and Broadcom, fell 3.4% on Friday, though it still gained 8% for the week. AMD shares dropped 8.8% on Friday, wiping out $84 billion in market value.
Investors are weighing how the abrupt departure of Jensen Huang from Nvidia could affect the artificial-intelligence boom. At the same time, fears about interest rates resurfaced and weighed on the market.
why it matters
The chip selloff suggests investors are reassessing expectations for AI-linked companies, and that pressure is spilling into the whole technology segment. When the sector's largest name loses hundreds of billions of dollars, indexes where it carries heavy weight tend to feel the drag more than the broader market. Renewed worries about higher rates also limit demand for growth stocks.
market impact
Chipmakers and Nasdaq: Nvidia leadership exit and rate worries pressure the sector
- Nvidia pressure down — selloff after the CEO's exit wiped out $573 billion in market value
- PHLX Semiconductor index pressure down — a 3.4% drop Friday as chipmakers came under pressure
- Nasdaq Composite pressure down — technology stocks dragged the index down 0.91%
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on polymarket
sources
- U.S. Stocks Mixed on Nvidia Fallout Fears — Dow Jones Newswires, 13 November 2026 at 21:24 UTC
- Top News Today: Stocks Mixed as Nvidia Fallout Fears Weigh on Tech — Dow Jones Newswires, 13 November 2026 at 22:03 UTC
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