BUZZ - AMD and Broadcom shares rise as Nvidia's volatility creates opportunities

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November 12 - ** Advanced Micro Devices (AMD.O) and Broadcom (AVGO.O) shares rose by 1.4% and 0.9% respectively in pre-market trading

** These chipmakers gained against the trend after NVIDIA NVDA.O shares weakened, unaffected by the overall AI sector sell-off

** According to reports, the NVIDIA (link) board is considering the removal of CEO Jensen Huang due to an extramarital affair scandal, causing NVDA shares to plunge 8.3%

** Wealth Club's chief investment strategist Susannah Streeter said: “The leadership vacuum could give competitors such as AMD and Broadcom more room to maneuver”

** William Blair downgraded NVDA to 'market perform', stating “If Jensen Huang departs, or is hindered by investigations and reviews, we believe NVIDIA may face fiercer competition from companies like Broadcom and AMD”

** By the close, AMD shares had more than doubled since the start of the year, while AVGO was down 0.25%; the Philadelphia Semiconductor Index .SOX was up 49%

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