Nvidia closed down 4.34% at $166.19 that day. Broadcom reports on Dec. 9.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

A Message from The TradingPub Dear Reader, Every big stock move starts somewhere. Sometimes, the first clue shows up long before the crowd catches on. And while everyone else is busy reacting to headlines, that little hint could already be sitting right there on the chart. I’m talking about a pattern I’ve watched closely over my 3 decades in the markets. I monitored it with all my attention when I managed two multimillion-dollar hedge funds and worked with one of the wealthiest families in the world. Of course, no one gets every market move right. But if you want to find out how to track high-momentum moves without sweating… Tap here to get the details for FREE. All the best, Roger Scott. Why Broadcom Jumped 5.5% After Nvidia's CEO Resigned On Thursday, Nov. 12, shares of Broadcom rose 5.5% and closed at $364.36, up from $345.22 at the close on Wednesday, Nov. 11. The jump came on the day its rival Nvidia lost its CEO. Nvidia announced on Nov. 12 that Jensen Huang had resigned as president, CEO and board member, effective immediately. CFO Colette Kress is serving as interim CEO while the board searches for a permanent one. Nvidia stock closed down 4.34% at $166.19 that day. Why Broadcom Rose Broadcom did not release news of its own that day. According to 24/7 Wall St., traders rotated money out of Nvidia and into its rivals. Broadcom led because it co-designs custom AI chips, including Google's tensor processing units, for a small group of giant cloud customers. The rally had been building. The stock gained about 4% on Wednesday, Nov. 11, so Thursday's move extended a run. The Bull View Bulls point to Broadcom's own results. In its fiscal third quarter, which ended Aug. 2, revenue was $29.6 billion, up 86% from a year earlier. AI chip revenue was $16.7 billion, up 221%, and adjusted (non-GAAP) earnings were $3.32 per share. The company guided to $21.7 billion of AI chip revenue in the fourth quarter. In its Sept. 2 release, its CEO called demand for custom AI accelerators and networking very strong. If Nvidia customers want a second supplier while the CEO search plays out, Broadcom is one place they could look. The Bear View Bears start with Nvidia's own message. Its board said operations, customer commitments and the product roadmap should continue without interruption, and an analyst quoted by 24/7 Wall St. said Nvidia is sold out through the end of next year. That could limit how much business actually moves. A smooth handoff at Nvidia could also unwind the rotation quickly. And after back-to-back gains, Broadcom has covered a lot of ground fast, while its growth depends on the spending plans of a few very large customers. What Is Next Broadcom is scheduled to report fiscal fourth-quarter results on Wednesday, Dec. 9, after the close, with a call at 2 p.m. PT (5 p.m. ET). Nvidia is scheduled to report on Tuesday, Nov. 17, which will test how its customers are reacting. What It Means for You Stocks in the same industry often move together when a rival makes news. The Nov. 12 jump was tied to Nvidia's leadership change, not to anything Broadcom reported, and moves like that can fade as quickly as they arrive. It also shows how connected the AI chip trade has become. A single headline lifted one group of stocks and pushed another down on the same day, which is a reminder that concentrated bets can swing both ways. Broadcom is a large holding in many index funds, so its swings can reach investors who never bought it directly. Past moves say nothing certain about what comes next. SPONSORED   Request This: 5 Tickers, 5 Price Targets, One Text Request the free report and get 5 NASDAQ ticker symbols with price targets sent to your phone in about 60 seconds. Good Morning Alerts' analysts screened every NASDAQ stock on revenue growth, institutional buying, and valuation disconnects. The pool started in the thousands — this year just 5 made the cut, versus ten or more in past cycles. The free report names each ticker, its price target, and the reasoning behind it. No cost, no credit card, reply STOP anytime. If one of the 5 does what analysts expect in the second half of 2026, it was worth the text. Click here to see all 5 tickers, free of charge.   © 2026 Daily Market Brief, a division of Wealthpire Inc. 228 Park Ave S, #29976, New York, New York 10003, United States Unsubscribe