NVIDIA stock price drops by 8.5%, AI shifts investment to competitors
2026-11-13 19:18:12
According to CoinMeta and a report by 10xResearch, the chip market has recently rebounded, with the stock price of AMD rising by 44.7%, making it the largest gainer among the top three stocks. Other chip companies such as Lam Research, Broadcom, Micron, Intel, and TSMC saw increases of 26.2%, 25.0%, 21.6%, 17.1%, and 14.8% respectively. However, the stock price of NVIDIA fell by 8.5%, making it the only major chip stock to close down during this strong week for chips. Over the past two weeks, the market has shifted investments from AI to its competitors and suppliers. NVIDIA will release its financial report next week.
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