US Stocks Open Lower, Nvidia Plunges 13%

深潮 TechFlow reports that on November 12, according to Bitget market data, US stocks opened with the Dow up 0.2%, the S&P 500 down 0.8%, and the Nasdaq down 1.4%. Nvidia (NVDA.O) plunged 13% after the company announced that Jensen Huang would step down. Semiconductor stocks were dragged lower, with Intel (INTC.O) down 4% and TSMC (TSM.N) down 3.4%. Most neocloud stocks declined, with Nebius(NBIS.O) down 21% after earnings and Coreweave(CRWV.O) down 16%.

Source: 深潮 TechFlow