Nvidia Shares Fall 7% as Huang Leaves Board

Key Takeaways

• Nvidia shares dropped more than 7% in Thursday morning trading amid leadership reports; Harvey Jones became the company’s first board chairman, and Huang will leave the board. Intel and Micron fell in the broader selloff, while AMD and Broadcom gained.
• AI hardware diversification picks across the articles include United Microelectronics, ASE Technology, Jabil, ASM International, SK hynix, Axcelis Technologies, Applied Materials, KLA and Lam Research.
• Micron plans to invest $1 billion in Anthropic’s private placement; Anthropic is targeting more than $90 billion from a public share sale and a $26 billion private placement.
• Denmark’s AI supercomputer center received 500 million DKK: 325 million from Netcompany and 150 million from EIFO, alongside a larger commitment from the Novo Nordisk Foundation.
• Gondola reports 25% higher monthly engineering output, 50% more merged changes by its lead engineer and more than doubled year-over-year revenue; it says brands hired 2.5 times as many creators.
• Ohio State recorded 816 unauthorized-AI cases in 2025–26, compared with four in 2023–24. Stanford plans in-class quizzes and handwritten responses for freshmen.
• Finite State raised $27 million for international growth and AI-driven product-security development; the IoT security market is projected to reach $80.3 billion by 2031.
• Tencent launched Chinese-language Yuanbao Search, drawing on web, WeChat and academic sources; the company says it plans a global rollout.
• Cadence and Expedera are demonstrating a simulated edge-AI subsystem pairing the Tensilica NeuroEdge 130 with Expedera’s Origin Evolution NPU IP.
• Shopify posted US$3.74 billion in Q3 2026 revenue and US$462 million in net income; shares are near US$149 after falling about 17% over the past month.

Shopify earnings put valuation back in focus

Shopify reported third quarter 2026 earnings with revenue of US$3.74b and net income of US$462m. The stock has slipped about 17% over the past month and is down around 5% year to date. Analyst targets cluster closer to US$177 while the share price trades around US$149. The company's fair value sits at $210.47 according to investor valuation models.

Nvidia stock concerns send investors toward resilient AI infrastructure names

When Nvidia faces questions over governance, leadership and national security, it reshuffles where risk and resilience sit in large-cap tech. Three stocks exposed to the same headlines are highlighted as having sturdier governance and corporate resilience. United Microelectronics, ASE Technology Holding and Jabil are featured as companies with stronger risk profiles.

3 AI hardware stocks investors may prefer after Nvidia trillion market cap hit

After Nvidia's $1 trillion market cap hit shook faith in a single AI hardware champion, investors are hunting for sturdier stories. Three stocks from the Global AI Hardware Diversification Plays screener are highlighted: ASM International supplies wafer processing equipment, SK hynix supplies high bandwidth memory, and Axcelis Technologies builds ion implantation equipment for chip production.

Applied Materials and 2 top AI chip stocks

The Nvidia CEO scandal has thrown a spotlight on how dependent artificial intelligence is on a handful of chip suppliers. Three stocks from the AI hardware supply chain are examined: Applied Materials is a key equipment supplier, KLA sells process control and inspection gear, and Lam Research supplies etch and deposition tools. All three support AI chip manufacturing in different ways.

Micron technology commits 1 billion to landmark AI infrastructure IPO

Micron Technology is committing $1 billion to Anthropic's private placement as part of the AI lab's upcoming IPO. Anthropic is targeting more than $90b from a public share sale and a $26b private placement. The transaction positions Micron alongside major chip, cloud and data firms financing Anthropic's AI infrastructure build-out.

Cadence and Expedera demonstrate an edge AI subsystem

Cadence Design Systems and Expedera announced an edge AI subsystem that combines Cadence’s Tensilica NeuroEdge 130 AI Co-Processor with Expedera’s Origin Evolution NPU IP. They are showing pre-silicon simulations of how workloads are distributed and run for edge AI tasks. The work aims to support power-efficient AI inference in devices with tight limits on performance and energy use. The article says customer uptake and future design wins will be important signs of progress.

Three AI infrastructure stocks to watch in November 2026

The article highlights Adtran Networks, Hamamatsu Photonics K.K., and Super Micro Computer as companies involved in AI networking and server hardware. Adtran supplies optical networking equipment, including DWDM products, and reported about €508.8 million in revenue. Hamamatsu makes optical sensors and related products, has a market value of ¥679.4 billion, and its shares reflect 39.6% earnings growth and a 32 times price to earnings ratio. Super Micro Computer builds AI servers and rack systems, reported about US$54.0 billion in revenue from high-performance server solutions, and had a market value of US$18.3 billion. The article points to margin resilience and other business pressures as issues to watch for these companies.

Ohio State reports a sharp rise in unauthorized AI use cases

Ohio State’s Committee on Academic Misconduct reported 816 cases involving unauthorized AI use in the 2025 to 2026 academic year, up from four in 2023 to 2024. AI misuse made up 19 percent of the committee’s cases. Reports of falsification, fabrication, and dishonesty also rose, from 224 to 932. The university’s policy lets instructors decide when students may use AI, and spokesperson Chris Booker said the AI Fluency initiative teaches responsible and ethical use. Experts quoted in the article discussed students’ widespread access to AI and the need for clear rules and assignment guidelines.

Stanford adds in-class quizzes and handwritten essays to deter AI cheating

Stanford’s Civic, Liberal, and Global Education program will require freshmen to take in-class reading quizzes and write responses to prompts by hand. The changes followed student suggestions for ways to show their knowledge amid concerns about AI cheating. Computer science professor Chris Gregg said his small, three-person Tutorials give students more individual attention and support learning. Professor Mark Bauerlein called AI contrary to a humanistic education, while Jared Gould of the National Association of Scholars praised Stanford’s steps but warned that AI could still be used outside supervised settings. Gould also said grade inflation and weak learning remain concerns.

Gondola says AI tools speed prototypes but have not doubled revenue

Gondola says monthly engineering output rose 25% without a change in team size, while its lead engineer’s output in merged changes rose 50%. Founder and CEO Jared Kleinstein said the team used Codex Cloud to explore its code and prototype Programs, a tool for finding creatives and tracking budgets. The company said the project began on GPT-5.4, used GPT-5.5 for most of the work, and relied on GPT-6.1 for later fixes. Gondola also used the approach to build a World Cup Creator Map, with creator partnerships manager Jojo Hesketh making the prototype before engineers prepared it for launch. The article notes that faster prototypes do not mean revenue doubled, and says Gondola reported 2.5 times as many creators hired year over year.

Gondola doubles revenue while building more with Codex

Gondola, a platform that helps creative workers get credit and find jobs, says its revenue more than doubled year over year without added payroll costs or major overhead. Its team used Codex to raise monthly engineering output by 25%, while its lead engineer increased merged changes by 50%. Business staff also used Codex Cloud to prototype features, including Programs, before engineers refined them. The team uses ChatGPT to simplify daily work, and 2.5 times more creators were hired by brands through Gondola year over year.

Tencent launches standalone AI search product Yuanbao Search

Tencent launched Yuanbao Search at so.qq.com as a standalone AI search product. It gives answers based on information from the web, WeChat Official Accounts, Channels, and academic papers, with cited sources and collapsible ads. The service is available on the web and in QQ Browser, and is currently offered in Chinese. Tencent says it plans to roll it out globally in the future.

Zillow expands Actively AI agents across its Rentals sales teams

Zillow Group is rolling out Actively AI agents across its Zillow Rentals sales teams after an internal pilot. The agents are intended to support sales productivity and create a more consistent way to handle leads. Management plans to connect them to a centralized Sales Hub to coordinate sales activity across Zillow Rentals.

Nvidia shares fall as reports raise questions about CEO Jensen Huang

Nvidia shares fell more than 7% in Thursday morning trading after dropping more than 10% in premarket trading, as investors reacted to reported leadership uncertainty. A report said Nvidia’s board was considering removing CEO Jensen Huang amid scrutiny of his personal conduct and alleged ties to a woman suspected of working for Chinese intelligence. Huang will also leave Nvidia’s board, and the company named former Synopsys CEO and board member Harvey Jones as its first board chairman. The selloff spread to Intel, Marvell Technology, and Micron Technology, while Nvidia rivals Advanced Micro Devices and Broadcom gained. The article says the leadership change raises questions for the roughly $4 trillion company as investors also question whether AI spending will deliver enough returns.

Denmark invests 500 million DKK in AI supercomputer center

The Danish Centre for AI Innovation received a 500 million DKK investment on November 12, 2026, following an expansion of its ownership. Netcompany invested 325 million DKK, EIFO added 150 million DKK, and the Novo Nordisk Foundation increased its commitment to retain a majority stake. The investment aims to strengthen Denmark’s AI capacity and support the country’s ambition to develop and use AI responsibly. Leaders at Netcompany and EIFO said the investment would support Danish and European competitiveness, resilience, and digital sovereignty.

Detroit teens explore skilled trades at Junior Achievement expo

Junior Achievement of Southeast Michigan held its first Construction Expo in downtown Detroit on November 12, 2026, for high school students from Detroit, Dearborn, and Southfield. Teens tried hands-on activities such as hammering nails, installing drywall, and learning about electrical work with licensed tradespeople, including workers from IBEW Local 58. Organizers said Michigan is expected to have about 35,000 annual skilled-trade openings through 2032, and some jobs, such as electrician and elevator constructor, can pay more than $100,000 a year. Speakers also pointed to paid apprenticeships, skills that can transfer to other jobs, and work that is difficult to automate with AI.

Finite State raises $27 million to expand AI-powered product security

Finite State raised $27 million to expand its global operations, grow in international markets, and develop autonomous features for its AI-driven product security platform. The company helps manufacturers identify software inside connected devices and find security risks across complex supply chains. The article says AI can help attackers find and exploit software flaws faster, while regulations including the EU Cyber Resilience Act and FDA premarket cybersecurity requirements place more responsibility on manufacturers to secure products before they ship. Finite State serves customers in critical infrastructure and connected devices, and the IoT security market is projected to reach $80.3 billion by 2031.

Travel leaders see promise and concerns in personal AI assistants

Travel industry executives discussed the early effects of AI agents, including Meta’s Muse and Instinct, during quarterly earnings calls. Some saw ways the assistants could improve efficiency and customer engagement, while others raised concerns about job losses and the need for human oversight. The article says these tools could affect how travel services are distributed, but offers no details about bookings or specific company plans. It describes an industry weighing the potential of AI assistants as the technology develops.

Sources

• Shopify (SHOP) Earnings And AI Commerce Story Put Valuation Back In Focus
• Nvidia Stock Concerns Are Sending Investors Toward More Resilient AI Infrastructure Names
• 3 AI Hardware Stocks Investors May Prefer After Nvidia’s $1 Trillion Market Cap Hit
• Applied Materials And 2 Top AI Chip Stocks
• Micron Technology (MU) Commits $1 Billion To Landmark AI Infrastructure IPO
• What Is Cadence Design Systems (CDNS) Showing With Its New Edge AI Subsystem?
• Top 3 AI Infrastructure Stocks To Watch In November 2026
• Ohio State academic report reveals spike in AI cheating: Experts speak on the effect it has on students
• Stanford students demand in-class quizzes to combat AI cheating
• Gondola's AI gain is about prototypes, not revenue
• Gondola doubles revenue as its team builds more with Codex
• Tencent Launches Yuanbao Search, a Standalone AI Search Product at so.qq.com
• Zillow Group (ZG) Expands AI Agents Across Rentals Sales Teams And Sales Hub Plans
• Nvidia shares plunge more than 7% in premarket trading as CEO uncertainty rattles AI stocks
• Denmark invests 500 million DKK in AI Supercomputer
• Junior Achievement holds ‘AI-proof’ construction expo for Metro Detroit teens
• Finite State raises $27 million boost AI-driven product security, address connected-device software supply-chain risks
• Big prospects, few bookings: Travel execs weigh in on personal AI assistants