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AI compiled from Infoway · 5 analyzed stories

Asian markets mixed as Nvidia shares tumble; South Korea, Taiwan stocks slip

Asian markets opened mixed on Thursday, November 12, as investors weighed turmoil at Nvidia, the chipmaker at the centre of this year's artificial intelligence rally. Japan's Topix and Nikkei 225 rose, while South Korea's Kospi and Taiwan's TAIEX fell. SK Hynix slipped, and Samsung Electronics gave back part of its early gains.

Published:

Updated:

What happened

Reports raised questions about Nvidia CEO Jensen Huang’s position and said the board was preparing to remove him. Nvidia shares fell nearly 9% before the US market opened. Asian markets were mixed, with several chip and AI-related shares under pressure; the board’s decision was not known.

Global impact / market context

Nvidia’s leadership uncertainty weighed on its shares and contributed to selling in chip and AI-related stocks across parts of Asia. This shows how news about one major company can affect investors beyond that company, though market moves were not uniform.

What to watch

  1. Check whether Nvidia announces the board’s decision, since the reports said its outcome was not yet known.
  2. Check Nvidia shares after the US market opens, to see whether the reported fall continues or eases.
  3. Check Asian chip shares, including SK Hynix and Samsung Electronics, since their moves differed and could show whether selling spreads or fades.

Affected assets

  • Advanced Micro Devices
  • KOSPI Index
  • Nasdaq-100 Index futures
  • NVDA
  • Samsung Electronics
  • SK Hynix
  • TAIEX Index
  • Taiwan Semiconductor Manufacturing Company

Evidence