Business · Markets · 2 hrs ago
US Stocks Mixed as Nvidia and Other Chip Shares Fall
US stock markets ended mixed on Nov.
13, with the Dow up 0.1%, the S&P 500 down 0.4% and the Nasdaq down 0.9%.
Nvidia shares fell 2.01%, leaving the chipmaker's market value below $4 trillion.
Investors remained concerned about leadership uncertainty and regulatory risks following a scandal involving former Nvidia CEO Jensen Huang.
The pressure spread to other chip and AI infrastructure companies, including AMD, Broadcom and several server-related firms.
US producer prices rose less than expected in October, but their yearly increase was the largest since November 2022, keeping attention on interest rates.
Bond yields and the dollar rose, while Bitcoin fell below $70,000; the account gives no specific next step for markets or Nvidia.
US stocks finished mixed on Nov. 13, with the Dow rising while the S&P 500 and Nasdaq fell.
Nvidia shares dropped 2.01%, and its market value fell below $4 trillion.
Other chip stocks also declined, including AMD, Broadcom, SK Hynix’s US-listed depositary receipts and Micron.
The losses followed continued fallout from a scandal involving former Nvidia CEO Jensen Huang, alongside concerns about leadership and regulatory uncertainty.
October US producer prices rose less than expected month over month, but Treasury yields and the dollar rose.
- Who
- US stocks, including Nvidia and other technology and semiconductor companies.
- What
- The Dow rose 0.10%, while the S&P 500 fell 0.40% and the Nasdaq fell 0.91%.
- When
- Nov. 13, 2026, local time.
- Where
- The New York Stock Exchange in New York.
- Why
- Continued fallout from a scandal involving former Nvidia CEO Jensen Huang and concerns about leadership and regulatory uncertainty weighed on shares.
This story does not have two clearly opposing sides.
US October producer prices were reported as rising 0.3% from the previous month, below the market estimate of 0.4%.
US stocks closed mixed, with the Dow higher and the S&P 500 and Nasdaq lower.
- Dow Jones Industrial Average
- 52,347.55, up 0.10%
- S&P 500
- 7,561.67, down 0.40%
- Nasdaq Composite
- 25,136.27, down 0.91%
- Nvidia
- Down 2.01%; market value below $4 trillion
- Philadelphia Semiconductor Index
- Down 3.43%
- October US PPI
- Up 0.3% month over month; market estimate was 0.4%