Nvidia fell 12.7% this week. AMD and Broadcom each rose 18%.
Published · 1 min read
Nvidia lost $574 billion in the week Jensen Huang said he was stepping down. AMD and Broadcom added $394 billion between them, after their biggest five-session runs in our records.
Nvidia lost 12.7% this week, or $574 billion of market value on the share count behind our treemap. Two other large chipmakers in the S&P 500 went the other way. $AMD rose 18.9% and $AVGO 18.2%, adding $394 billion between them.
Nvidia fell on four of the week's five sessions. The four worst five-session stretches for the stock in our records have all ended since 5 November.
The biggest runs in our records
By Thursday's close, AMD was up 44.7% over five sessions and Broadcom 25.0%. For both stocks, those are the largest five-session gains in our price history, which starts in April 2025.
Thursday was also the day Nvidia announced that Jensen Huang was stepping down as chief executive. AMD rose 5.9% and Broadcom 5.5% that day, while $NVDA fell 4.3%.
AMD's run started from a low point. The five sessions begin at the close of 5 November, when the stock fell 17.3% in one day.
Friday took some of it back
On Friday, the day HSBC cut Nvidia to hold, the two rivals fell harder than Nvidia did. AMD dropped 8.75%, its largest fall in the S&P 500 that day, and Broadcom fell 4.8%. Nvidia fell 2.0%.
| Stock | Friday | Week | Week, market value |
|---|---|---|---|
| Nvidia | -2.0% | -12.7% | -$574 billion |
| AMD | -8.75% | +18.9% | +$139 billion |
| Broadcom | -4.8% | +18.2% | +$255 billion |
The week numbers run from the close on Friday 6 November to the close on Friday 13 November. Even after Friday, the S&P 500 finished the week higher, and 396 of its 500 stocks rose.
See it on the site
Sources
- Stock Market Today, Nov. 13: Nvidia Slides After HSBC Downgrades Stock to Hold on CEO Uncertainty — Motley Fool
- Stock Market Today, Nov. 13: AMD Sinks 8.75% on Sector AI-Chip Sell-Off After Early Gains Reverse — Motley Fool
- AMD and other chip stocks slide as Wall Street rethinks the AI trade without Jensen Huang — MarketWatch
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