AI-linked U.S. shares fell Friday as concerns about financing and demand rippled through the sector. Reports put the Nasdaq-100 decline at 2% to 2.2%, while the Philadelphia Semiconductor index dropped 5.1% to 6%. Nvidia-backed cloud firms CoreWeave and Nebius also slid, and Neoclouds fell roughly 12% in several accounts. One report said the Nasdaq decline put nearly $870 billion in market value at risk. Investors are questioning funding links between Nvidia and customers building infrastructure around its chips; the reports attribute the market unease to Nvidia CEO Jensen Huang’s abrupt departure, though they give conflicting accounts of the circumstances.
The selloff comes amid broader pressure on AI businesses, including stronger competition and weaker demand. Neoclouds has lost more than half its value over the past year, according to one report. British cloud provider Nscale expects a $1.7 billion net loss for the nine months ended September 30, versus $433.3 million a year earlier. Nvidia’s quarterly results and Anthropic’s planned public-markets debut are due next week, making both closely watched events for investors.
Views on AI stocks remain divided. Nvidia shares reportedly fell 27% over 30 days, while another article says they are more than 30% below their October peak. One investor nevertheless called Nvidia a potential value stock and said her firm would add to its position. Wells Fargo moved its view of U.S. AI infrastructure stocks from negative to neutral after a major selloff, with semiconductor shares about 38% below June highs. Its analysts estimate prices imply earnings growth of about 8% annually, but warn that earnings support from AI spending could fade as investment slows, depreciation rises and additional supply pressures prices in 2028. Other investors have shifted toward enterprise cloud, AI infrastructure and semiconductor companies with stronger revenue, margins and guidance.
Europe is also weighing AI’s opportunities and risks. EU leaders met in Dublin for the European Council’s first dedicated discussion of the technology, covering competitiveness with China and the United States, responsible use and protection from harm. Estonia and Finland called for plans to address serious AI incidents, while Mistral urged Europe to keep developing AI. Greek Prime Minister Kyriakos Mitsotakis said AI could improve public-sector productivity and procurement, provided transparency safeguards are in place. He also wants leaders to address effects on jobs and education and use AI in schools without undermining children’s critical thinking.
Investment and infrastructure developments point to continued efforts to build AI capacity. London- and Bristol-based Fractile raised more than £500 million in a Series C, valuing the chip start-up at over £5 billion; investors include the UK Sovereign AI Venture Fund, British Business Bank, CapitalG, Lightspeed and Redpoint. SoftBank, meanwhile, reported a $3.7 billion earnings hit after canceling excess orders for gas-producing equipment linked to the AI buildout. Siemens Energy expects to triple its dividend in 2027 as the U.S. data-center boom continues.
Governments and companies are putting AI to work in other ways. Ukraine’s Cabinet ordered creation of the Ukrainian Data Corpus, a database of Ukrainian-language texts for developers to train and test large language models. Santander CFO José García Cantera said AI is improving the quality of the bank’s client services. Separately, online investor discussions that once commonly urged people to buy and hold Nvidia have shifted, and an article notes that value funds may also contain AI stocks, though its excerpt provides no further specifics.
Key Takeaways
- Friday’s AI-linked selloff put nearly $870 billion in market value at risk in one report; the Nasdaq-100 fell 2%–2.2% and semiconductor shares dropped 5.1%–6%.
- Investors questioned AI infrastructure financing links between Nvidia and customers after reports of CEO Jensen Huang’s abrupt departure.
- Nscale expects a $1.7 billion loss for the nine months ended September 30, compared with $433.3 million a year earlier.
- Nvidia’s quarterly results and Anthropic’s planned public-markets debut are expected next week.
- Wells Fargo moved its view of U.S. AI infrastructure stocks from negative to neutral, while warning that slower spending, depreciation and increased 2028 supply could weigh on earnings and prices.
- EU leaders met in Dublin to discuss AI competitiveness, benefits, risks and responses to serious incidents; Greece’s Kyriakos Mitsotakis highlighted public services, procurement, jobs and education.
- Fractile raised more than £500 million in a Series C at a valuation above £5 billion to develop AI chips.
- SoftBank reported a $3.7 billion earnings hit after canceling excess gas-equipment orders linked to AI infrastructure; Siemens Energy expects to triple its dividend in 2027.
- Ukraine ordered a Ukrainian-language data corpus for training and testing large language models, while Santander’s CFO said AI is improving client services.
AI Stocks Fall as Nvidia Leadership Shift Raises Financing Fears
U.S. AI-related shares fell again on Friday as investors worried about AI financing after Nvidia CEO Jensen Huang’s abrupt exit. The Nasdaq-100 dropped 2.2%, putting nearly $870 billion in market value at risk, while Neoclouds shares fell 12.5% to $0.25. Neoclouds has lost more than half its value over the past year amid stronger competition and lower demand for its services. The wider AI sector also faces competition and weaker demand.
Nvidia CEO Exit Sends AI and Chip Stocks Lower
U.S. AI-related shares fell on Friday as investors questioned AI financing after Nvidia CEO Jensen Huang stepped down. The Nasdaq-100 dropped 2%, while the Philadelphia SE Semiconductor index fell 5.1%. Nvidia-backed cloud firms CoreWeave and Nebius Group also dropped, and British provider Nscale said it expects a $1.7 billion net loss for the nine months ended September 30, compared with $433.3 million a year earlier. Nvidia has financed infrastructure built around its chips, raising concerns about funding between the company and its customers. Nvidia’s quarterly results and AI lab Anthropic’s planned public markets debut are expected next week.
AI Shares Tumble as Investors React to Nvidia CEO Exit
U.S. AI-related shares fell on Friday after Nvidia CEO Jensen Huang’s abrupt exit raised concerns about AI financing. The Nasdaq-100 dropped 2.2%, and the Philadelphia SE Semiconductor index fell 6%. Nvidia-backed cloud firms CoreWeave and Nebius Group lost 10.8% and 12.1%, while chip, storage, photonics, server and utility companies also declined. Nvidia has funded infrastructure built around its chips, leading to questions about circular funding between the company and customers. Nvidia’s quarterly earnings and AI lab Anthropic’s public markets debut are due next week.
Nvidia Leadership Uncertainty Weighs on AI Stocks
AI-related U.S. shares fell on Friday as concerns about financing grew after Nvidia CEO Jensen Huang’s abrupt exit. The Nasdaq-100 declined 2%, and the Philadelphia SE Semiconductor index shed 5.1%. Nvidia has financed infrastructure built around its chips, a strategy that has supported demand but raised questions about funding links with customers. British cloud provider Nscale expects a $1.7 billion net loss for the nine months ended September 30, compared with $433.3 million a year earlier. Nvidia’s earnings and AI lab Anthropic’s planned public markets debut are set for next week.
AI Stocks Drop as Nvidia CEO Departure Fuels Market Fears
U.S. AI-related shares fell on Friday as investors worried about AI financing after Nvidia CEO Jensen Huang announced his departure. The Nasdaq-100 dropped 2%, while Neoclouds shares fell 12%. The article says the sector is also facing a technology downturn and the effects of inflation on consumer spending. Neoclouds shares have been volatile in recent weeks, and the latest drop has raised concerns about the company’s ability to recover. The decline has renewed questions about the future of the AI sector and its possible effect on the wider tech industry.
EU leaders meet in Dublin to debate AI’s promise and risks
EU leaders are meeting at Dublin’s Convention Center for the first dedicated European Council discussion on artificial intelligence. European Council President Antonio Costa said the meeting is needed because AI is developing quickly and could reshape economies and societies. Leaders are expected to discuss how Europe can use AI, compete with China and the United States, and protect people from harm. Estonia and Finland called for EU plans to respond to serious AI incidents, while Mistral urged Europe to keep developing AI.
Mitsotakis says Greece is leading the way on AI strategy
Greek Prime Minister Kyriakos Mitsotakis said on November 13 that Greece is at the forefront of creating a national artificial intelligence strategy. Speaking before the informal EU summit in Dublin, he welcomed a special European Council meeting on AI and said the technology could improve public sector productivity. He also wants AI to speed up public procurement while adding transparency safeguards, and plans to raise the issue during Greece’s Presidency of the Council of the EU. Mitsotakis said leaders must address AI’s effects on jobs and education and use it in schools without weakening children’s critical thinking skills.
Nvidia shares fall as CEO scandal sparks debate over its value
Nvidia’s stock fell 27% in the past 30 days, including about 4% on the day described in the report. The article says founder and CEO Jensen Huang resigned on November 12 under board scrutiny after admitting an affair with a woman alleged to be a Chinese spy and possibly two Nvidia employees. CFO Colette Kress became interim CEO. Nancy Tengler of Laffer Tengler Investments argued that Nvidia could still be an attractive value stock, comparing its price to Procter & Gamble and saying her firm would add to its Nvidia holding.
AI stocks are hiding in the market’s bargain bin
The article says value funds may hold AI stocks, despite investors expecting them to focus on cheap, less exciting companies. It describes a shift in online stock discussions, where messages urging people to buy and hold Jensen Huang’s Nvidia shares had been common until a few weeks earlier. The provided article excerpt does not include further details about the stocks or funds discussed.
Fractile raises over £500m and reaches a £5bn valuation
Fractile, a start-up based in London and Bristol, has secured backing in a funding round worth more than £500 million, valuing the AI hardware company at more than £5 billion. The UK Government’s Sovereign AI Venture Fund and the British Business Bank joined investors including CapitalG, Lightspeed and Redpoint in the Series C round. Fractile is developing advanced chips designed to make AI faster, more energy efficient and less costly. AI Minister Kanishka Narayan said the investment supports Britain’s efforts to build AI technology at home, while Business Secretary Jonathan Reynolds pointed to plans to expand Fractile’s presence in Bristol.
AI Stocks Gain Ground as Investors Look Beyond Nvidia
Investors continued to buy AI-related stocks even as Nvidia fell more than 30% from its October peak. Money shifted toward enterprise cloud, AI infrastructure and semiconductor companies, while healthcare, retail and medical technology stocks also rose after strong earnings. The article highlights gains among Kyndryl, Consensus Cloud, Texas Instruments, MagnaChip, Ardent Health, Bob’s and CONMED, though some figures and company details are missing from the source text. It says investors are favoring companies with stronger revenue, margins and guidance, and points to upcoming Nvidia earnings as a test for the AI trade.
Wells Fargo Turns Neutral on AI Infrastructure After Selloff
Wells Fargo raised its view of US AI infrastructure stocks from negative to neutral after a major selloff. Semiconductor shares were about 38% below their June highs, and the analysts said current prices point to expected earnings growth of about 8% a year. AI spending added about 8 percentage points to S&P 500 earnings growth over the past year, and the analysts expect this support to continue in 2027 before fading as spending slows and depreciation costs rise. They warned that earnings could weaken after capital spending peaks and noted that added supply in 2028 may put pressure on prices. The article says it screened AI stocks with at least 30% average upside potential, using figures as of November 12, 2026.
SoftBank Takes $3.7 Billion Hit After Canceling AI Energy Orders
SoftBank reported a $3.7 billion hit to earnings after canceling excess orders for gas-producing equipment. The orders were connected to equipment needed for the AI buildout. The article also reports that Siemens Energy expects to triple its dividend in 2027 as the US data center boom continues.
Ukraine Cabinet Orders National Dataset for AI Training
Ukraine’s Cabinet of Ministers has ordered the creation of the Ukrainian Data Corpus. The government database will contain Ukrainian-language texts. Developers will be able to use the material to train and test large language models.
Santander CFO Says AI Is Improving Client Services
Santander chief financial officer José García Cantera said artificial intelligence is improving the quality of the bank’s services to clients. He discussed AI’s positive impact in an interview with CNBC’s “Squawk Box Europe.” The video is listed as 1 minute and 57 seconds long and was published on November 13, 2026.
Sources
- Neoclouds, AI stocks slide again as Nvidia turmoil rattles sector
- Neoclouds, AI stocks slide again as Nvidia turmoil rattles sector
- Neoclouds, AI stocks slide again as Nvidia turmoil rattles sector
- Neoclouds, AI stocks slide again as Nvidia turmoil rattles sector
- Neoclouds, AI stocks slide again as Nvidia turmoil rattles sector
- EU leaders gather for first ever AI summit
- PM Mitsotakis: Greece Is at the Forefront of Artificial Intelligence Strategy
- NVIDIA is both that bad as a CEO disaster but likely still good -- as a value stock -- with great growth potential, despite spy scandal, say CIOs, fund managers, analysts and AI experts
- The Stock Market’s Bargain Bin Is Secretly Stuffed With AI Stocks
- Start-up developing the next generation of AI hardware secures investment - values the company at more than £5bn
- +109%, +49%, +39%: Nvidia stumbles, but the AI trade keeps finding new winners
- 5 Best AI Stocks to Buy After Wells Fargo’s Outlook Upgrade
- SoftBank loses billions after over-ordering AI energy equipment
- Cabinet orders creation of Ukrainian dataset for AI training
- Santander CFO Cantera details the 'positive impact' AI is having on the bank's services
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