US stock market today: Nasdaq futures fall as Nvidia slides 9% on Jensen Huang reports

What happened

On Thursday, November 12, US stock futures were mixed: Nasdaq-100 futures fell 0.7%, S&P 500 futures slipped 0.4%, and Dow futures edged 35 points higher. Nvidia shares dropped nearly 9% before the opening bell after news reports raised questions about CEO Jensen Huang’s position and said the board was preparing to remove him.

Confirmed

Global impact / market context

Nvidia’s share decline weighed on the wider semiconductor sector, while chipmakers moved in different directions. If leadership uncertainty persists, it could affect investor confidence in the company and its ability to sustain sales and spending plans, with potential consequences for suppliers and competing chip firms.

Analyst inference

The article describes mixed futures and mixed trading among chipmakers, rather than a broad sector-wide decline: Intel and Micron fell, while AMD rose around 3% and Broadcom was indicated nearly 2.5% higher. Investors were also assessing whether the artificial-intelligence-led rally in US equities could continue.

Confirmed

What to watch

1. Watch for further reporting on Huang’s role and the board’s intentions; the supplied reports raised questions but do not establish that he has been removed as CEO. Analyst inference
2. Track Nvidia’s share performance and trading in semiconductor peers, since the article reports Nvidia’s weakness weighed on the sector while other chipmakers diverged. Analyst inference
3. Watch for new information on whether the artificial-intelligence-led US equity rally has further room to continue, a question investors were assessing in the article. Confirmed

Evidence

• Original source link unavailable