Nvidia Intel and AMD lead AI news

Key Takeaways

• Jensen Huang resigned as Nvidia CEO on Nov. 12, 2026; CFO Colette Kress is interim CEO while the company seeks a permanent successor.
• Nvidia shares suffered steep early losses and recovered from their lows; the company’s market value was at risk of dipping below $4 trillion.
• Nvidia-backed CoreWeave and Nebius fell sharply, while AMD and Broadcom gained as investors considered opportunities for competitors. Intel and multiple chip and storage companies also declined.
• Investors are scrutinizing Nvidia’s roughly $530 billion network of AI deals, its infrastructure financing links, data-center regulation risks and customer payments; Nvidia had $99 billion in cash and securities and $33 billion in debt at July’s end.
• Snowflake’s Expedition 2026 emphasized governed, trusted data and moving AI from pilots into practical finance, tax, sales and marketing workflows; Snowflake showcased its Raven sales intelligence assistant.
• Palo Alto Networks says Prisma AIRS exceeded $100 million in annual recurring revenue within four quarters; the company is reportedly considering a roughly $500 million Clutch Security acquisition.
• AWS’s Managed Knowledge Base offers higher default quotas—10,000 knowledge bases per account per Region and 200 data sources per knowledge base—and supports connectors including S3, SharePoint and Confluence; base vector storage is $5 per GB monthly.
• OpenAI launched India-based API processing for eligible GPT-6 Luna workloads, alongside its Tata Group partnership on domestic AI data-center capacity.
• Deloitte’s 2027 outlook highlights financial firms’ plans around AI, digital assets and measurable returns; nearly 80% of commercial real estate executives plan to upgrade or reposition assets.
• BofA’s Winnie Wu sees potential for a China AI-stock rebound but says Chinese chips supplement specific functions rather than equal Nvidia chips; MarketBeat also named Tempus AI, Hut 8 and Fermi among stocks to watch.

AI stocks tumble as Nvidia CEO scandal rattles markets

Global AI-linked stocks fell on Thursday as a scandal involving Nvidia CEO Jensen Huang raised new concerns about the chipmaker and the wider industry. Nvidia shares dropped 10.3% in premarket trading, putting its market value on track to fall below $4 trillion for the first time since July 2025. The reported scandal and the sector’s funding and regulatory worries added to pressure on AI companies. The article says Nvidia finances infrastructure built around its chips, and that this approach has drawn scrutiny.

Nvidia CEO resigns as AI stocks fall around the world

Nvidia CEO Jensen Huang resigned on Thursday following a deepening scandal around his affairs. Chief Financial Officer Colette Kress will serve as interim CEO while the company seeks a permanent successor. Nvidia shares fell 10.3% in premarket trading, and the company’s market value was on track to drop below $4 trillion for the first time since July 2025. Nvidia-backed CoreWeave, IREN, Applied Digital, and Nebius also fell, while chipmakers AMD and Broadcom rose as investors saw possible opportunities for rivals. The article also cites funding concerns and fears that tighter rules could slow AI infrastructure growth.

Nvidia CEO resignation adds pressure to global AI stocks

Global AI-linked stocks tumbled on Thursday after Nvidia CEO Jensen Huang resigned following a deepening scandal around his affairs. Reuters reported that the change raised fresh concerns for an industry already facing funding and regulatory worries. The article’s opening does not provide further details about the market moves or Nvidia’s next leader.

Nvidia CEO exit sends AI stocks lower across global markets

Nvidia CEO Jensen Huang resigned on Thursday after a deepening scandal, and Chief Financial Officer Colette Kress will become interim CEO while the company seeks a permanent successor. Nvidia shares fell 8.2% to a more than 16-month low in early trading, and its market value was on track to close below $4 trillion. Nvidia-backed CoreWeave, IREN, Applied Digital, and Nebius also declined, while AMD and Broadcom gained as investors saw possible openings for rivals. The selloff extended to chipmakers and other technology companies, while tech stocks in Japan, South Korea, and Europe also fell. Investors were already concerned about Nvidia’s role in financing AI infrastructure and the possibility that tighter regulation could slow the sector’s growth.

AI stocks drop after Nvidia CEO Jensen Huang steps down

Global AI-linked stocks fell on Thursday after Nvidia CEO Jensen Huang stepped down following a scandal. Chief Financial Officer Colette Kress will serve as interim CEO while Nvidia looks for a permanent successor. Nvidia shares slid 10.3% in premarket trading, putting its market value on course to fall below $4 trillion for the first time since July 2025. Nvidia-backed CoreWeave, IREN, Applied Digital, and Nebius dropped, while Micron Technology, Sandisk, Western Digital, Lumentum, Coherent, Dell, Marvell Technology, Intel, Arm Holdings, and Texas Instruments also fell. AMD and Broadcom rose as investors expected Nvidia’s troubles could create opportunities for competitors.

Nvidia leadership crisis sends global AI stocks lower

Global AI related stocks fell after Nvidia CEO Jensen Huang resigned amid a growing scandal about his personal affairs. Chief Financial Officer Colette Kress will serve as interim CEO while the company searches for a permanent successor. Nvidia shares fell, and the company has lost significant market value since its board began investigating Huang’s relationship with Alice Huang, who is alleged to be a Chinese spy. Investors are also concerned about Nvidia’s role in funding AI infrastructure and the risk of tighter rules on data centers. Japan and South Korea’s markets closed lower, while technology stocks in Europe also fell.

Nvidia turmoil sparks losses across global AI stocks

Global artificial intelligence related stocks fell on Thursday, November 12, 2026, after Nvidia CEO Jensen Huang resigned amid a deepening scandal. Chief Financial Officer Colette Kress became interim CEO as Nvidia searches for a permanent successor. Nvidia shares fell 8.2 percent, while CoreWeave dropped 9.1 percent and Nebius fell 16.2 percent after it forecast 2026 revenue at the low end of its earlier range. Many chip and data storage stocks also declined, but AMD and Broadcom rose as investors saw a possible opening for Nvidia’s rivals. Investors have also worried that tighter rules after the midterm elections could slow data center growth.

Nvidia exit deepens global AI stock selloff

Global AI related stocks fell on Thursday, November 12, 2026, following Nvidia CEO Jensen Huang’s resignation amid a deepening scandal. Chief Financial Officer Colette Kress will serve as interim CEO while Nvidia seeks a permanent successor. Nvidia shares dropped 8.2 percent, and CoreWeave and Nebius also fell, with Nebius saying its 2026 revenue would be at the low end of its earlier forecast. Chipmakers and data storage companies declined, while AMD and Broadcom gained as investors expected Nvidia’s troubles could help competitors. Japan and South Korea’s markets closed nearly 0.7 percent lower, and technology stocks in Europe fell about 1 percent.

Nvidia leadership crisis weighs on AI stocks worldwide

Global AI related stocks fell on Thursday after Nvidia CEO Jensen Huang resigned amid a growing scandal. Chief Financial Officer Colette Kress will serve as interim CEO while the company looks for a permanent replacement. Nvidia shares fell 8.2 percent, and its market value was on track to close below $4 trillion for the first time since July 2025. CoreWeave fell 9.1 percent, while Nebius dropped 16.2 percent after forecasting 2026 revenue at the low end of its previous range. Nvidia’s funding links across the AI industry have raised concerns about risks to smaller companies, while chip stocks fell and AMD and Broadcom rose.

Nvidia CEO’s departure sends AI stocks lower

Global AI related stocks fell after Nvidia CEO Jensen Huang resigned amid a deepening scandal about his personal affairs. Chief Financial Officer Colette Kress will take over as interim CEO while Nvidia looks for a permanent successor. Nvidia shares fell 10.3 percent in premarket trading, and CoreWeave dropped 13.6 percent; Nebius fell 20 percent after forecasting 2026 revenue at the low end of its previous range. Several chip and data storage companies also declined, while AMD and Broadcom rose as investors saw a possible opportunity for Nvidia’s rivals. Japan and South Korea’s markets closed nearly 0.7 percent lower, and technology stocks in Europe fell about 1 percent.

Nvidia Shares Recover From Sharp Losses as AI Investors Weigh CEO Exit

Global AI stocks fell on Thursday after Nvidia CEO Jensen Huang’s departure, then recovered from their lowest points. Nvidia shares were down 5.4% after falling as much as 14.3%, while its market value was on track to drop below $4 trillion for the first time since July 2025. Retail investors bought a net $111 million of Nvidia shares in the first half-hour of trading, according to Vanda Research. Advanced Micro Devices and Broadcom rose more than 4% each, while other AI companies faced pressure from funding and regulatory concerns. Nvidia is due to report quarterly earnings next week.

Nvidia CEO Departure Sends Global AI Stocks Lower

Global AI-related stocks fell on Thursday after Nvidia CEO Jensen Huang’s departure. Nvidia named Chief Financial Officer Colette Kress interim CEO while it searches for a permanent successor. The leadership change came as investors were already concerned about funding and regulation in the AI sector. Nvidia shares fell 10.3% in pre-market trading, putting the company on track to fall below a $4 trillion market value for the first time since July 2025. Fears of stricter rules grew after Democrats won midterm elections in states opposed to new data centers.

Snowflake Finance Leaders Focus on Showing AI’s Value in the Close

At Snowflake’s Expedition 2026, Chief Financial Officer Brian Robins presented a continuous finance close process using Snowflake, covering faster closing, variance review and reforecasting. Finance leaders discussed how to move AI pilots into production while managing returns, governance and compliance. Northern Trust’s Gretchen Goers described building a trusted data foundation, while Snowflake’s Amrita Kapoor discussed continuous AI-driven assurance with humans involved. Speakers from EY and Snowflake also covered unified tax data and controls to keep AI spending predictable. Sessions showed tools for working with Workday and SAP data, along with Snowflake applications for analysis and tax work.

Snowflake Urges Sales Teams to Clean and Govern Data Before Using AI

At Snowflake’s Expedition 2026, sales and marketing leaders said unclear ownership, definitions and workflows often stop teams from using AI every day. Snowflake’s Sait Izmit advised teams to choose one problem, clean the data and govern the experience, and showed Raven, a sales intelligence assistant. Speakers said sales, marketing and revenue operations need shared, governed data and business context. Canva’s Matthew Castino and U of Digital’s Myles Younger discussed holdout experiments and a unified data model to replace static sales attribution. Snowflake’s Pavan Pothukuchi said long-running AI agents can be held back by missing context, weak governance, cost and disconnected tools.

Palo Alto Networks AI Security Tool Reaches $100 Million in Recurring Revenue

Palo Alto Networks’ Prisma AIRS tool, which protects AI applications and agents, reached more than $100 million in annual recurring revenue within four quarters of launch. The article says this was the fastest product ramp in the company’s history. The report also describes CIBC Capital Markets’ stock picks for a possible more regulation-focused market after the Democratic sweep of Congress. Its 36-stock Democratic basket favored large technology platforms and multinational companies, while its 45-stock Republican basket leaned toward AI exposure. Palo Alto Networks had a market value of $272.65 billion and 89 hedge fund holders in the second quarter of 2026. Its next-generation security products generated $9.10 billion in recurring revenue in the fiscal fourth quarter, up 63%, and CEO Nikesh Arora has set a goal of $20 billion by fiscal 2030.

Palo Alto Networks weighs $500 million Clutch Security deal

Palo Alto Networks is reportedly in talks to buy Clutch Security for about US$500 million, adding tools to manage digital applications and assets. Guardz is also integrating Palo Alto Networks’ Prisma Browser for Business to connect browser, email, identity and endpoint protection for small businesses and managed service providers. These moves could support growth in AI-aware security services, but the company faces risks from margin pressure and the cost of expanding its services. Its gross margin is 75.8%, and stock-based compensation is about 17% of revenue. The company’s projected 2029 results are US$18.5 billion in revenue and US$2.6 billion in earnings, based on expected yearly revenue growth of 17.3%.

Three AI infrastructure stocks stand out as investment grows

Public funds are investing in artificial intelligence and the infrastructure behind it, while sovereign wealth and pension assets are projected to reach US$22.4 trillion by 2030. The article highlights three AI infrastructure stocks selected by a screen, with 50 other companies also identified. One featured company is NVIDIA, whose data center GPUs and networking platforms support AI training and use in large data centers. NVIDIA earns about US$275.4 billion from Compute & Networking and US$27.6 billion from Graphics, with most revenue coming from the United States and Taiwan. Its market value is listed as US$4,078.2 billion.

Deloitte sees AI and digital assets reshaping financial services by 2027

Deloitte’s 2027 industry outlooks examine how financial services firms can use AI, digital assets and new sources of capital to support growth. The reports say investment managers may expand products such as private market offerings, digital assets, active ETFs and separately managed accounts, while strengthening AI governance and infrastructure. US banks are expected to enter 2027 from a position of strength, with tokenized deposits and stablecoins among the changes to watch; banks will also focus on showing returns from AI in areas such as software engineering, know-your-customer checks and fraud detection. Insurers may use data and AI to prevent losses and improve operations and customer service, while private capital firms face greater demands for strong liquidity and risk management. Commercial real estate investors are expected to remain selective, and nearly 80% of CRE executives plan to upgrade or reposition existing assets.

Move Amazon Bedrock knowledge bases with a coding agent

AWS has added a migration guide to its `amazon-bedrock` skill to help teams move customer-managed knowledge bases to Managed Knowledge Base. Amazon Bedrock manages ingestion, storage, indexing and retrieval, and supports automatic scaling, hybrid search, managed embeddings and reranking, and multimodal parsing. Its native connectors include Amazon S3, Microsoft SharePoint and Atlassian Confluence. Managed Knowledge Base has higher default quotas, including 10,000 knowledge bases per account per Region and 200 data sources per knowledge base, compared with 100 and five for customer-managed setups. AWS says pricing is based on what users store and retrieve, with vector storage included at a base rate of $5 per GB per month.

Tempus AI, Hut 8 and Fermi named AI stocks to watch

MarketBeat’s stock screener named Tempus AI, Hut 8 and Fermi as artificial intelligence stocks to watch on November 12, 2026. Tempus AI is a healthcare technology company that uses AI to improve patient outcomes. Hut 8 is a cryptocurrency mining company that uses AI to optimize its mining operations. Fermi is a technology company that uses AI to develop and deploy AI-powered solutions.

Nvidia’s AI deal network faces scrutiny after Huang’s exit

Jensen Huang’s exit has raised questions about Nvidia’s roughly $530 billion network of AI deals and investments. Nvidia shares briefly fell to their lowest level in more than a year and stood about $2 trillion below their October record before ending the day down about 4%. Nvidia and companies it backs fell, while rivals and most major technology firms held up. SoFi strategist Liz Thomas said the deals raise concerns about circular relationships, and Nvidia’s CFO Colette Kress now has a central role in deciding future commitments. Nvidia had about $99 billion in cash and securities against $33 billion of debt at the end of July, and its Tuesday earnings report is expected to show whether it stands by its guidance and whether customers are paying on time.

OpenAI brings GPT-6 Luna API processing to India

OpenAI has introduced in-country API processing in India for eligible businesses and developers using supported GPT-6 Luna workloads. The feature is available through the Responses and Chat Completions APIs, allowing requests and model processing to take place in India. Eligible users can turn it on by creating a new API project, selecting India as the data storage and processing region, and using the India region endpoint. OpenAI India enterprise head Nitin Bawankule said the option gives organizations more control over where workloads run and may help address a barrier to enterprise AI adoption. The launch is part of the OpenAI for India programme, which includes a partnership with Tata Group to develop domestic AI data centre capacity; India, Australia and Japan are the latest markets to receive API inference residency.

BofA sees possible rebound in China AI stocks after selloff

Winnie Wu of BofA Global Research said a rebound in China AI stocks may be ahead because the recent selloff was overdone. She said China has made technological advances across the AI supply chain. However, she described Chinese chips as supplements for specific functions rather than true equivalents to Nvidia chips.

Sources

• Global AI stocks sink as Nvidia crisis deepens sector selloff
• Global AI stocks sink as Nvidia crisis deepens sector sell-off
• Global AI stocks sink as Nvidia CEO's exit deepens sector concerns
• Global AI stocks sink as Nvidia CEO's exit deepens sector concerns
• AI company stocks plummet after Nvidia CEO Jensen Huang steps down following scandal
• Global AI stocks sink as Nvidia crisis deepens sector selloff
• Global AI stocks sink as Nvidia CEO Jensen Huang’s exit deepens sector sell-off
• Global AI stocks sink as Nvidia CEO Jensen Huang’s exit deepens sector sell-off
• Global AI stocks sink as Nvidia CEO's exit deepens sector concerns
• Global AI stocks sink as Nvidia CEO's exit deepens sector selloff
• Global AI Stocks Pare Losses As Investors Assess Fallout Of Nvidia CEO's Resignation
• AI Stocks Slide Following Resignation of Nvidia CEO
• Snowflake Tells CFOs to Prove AI on the Close
• Snowflake tells sales to fix data first
• Palo Alto Networks (PANW): Its AI Security Tool Became the Company’s Fastest Product Ramp
• How Investors May Respond To Palo Alto Networks Stock AI Security Growth
• 3 AI Stocks With Up To 30% Revenue Growth
• Deloitte 2027 Financial Services Industry Outlooks: AI, Digital Assets and Capital Flows are Shaping the Future of Financial Services Firms
• Migrate to Amazon Bedrock Managed Knowledge Base with your coding agent
• Artificial Intelligence Stocks To Keep An Eye On
• Jensen Huang's exit puts Nvidia's $530 billion web of AI deals under the microscope
• OpenAI goes local in India, enables in-country GPT-6 Luna API inference: How will it benefit businesses?
• Relief rally for China AI stocks ahead as selloff was overdone: BofA