{
  "id": 19847492,
  "title": "AMD Sinks 10.5% as Chip Rally Unwinds, Nasdaq 100 Falls 1.7%: Stock Market Today",
  "url": "https://urgent.news/2026/11/13/amd-sinks-10-5-as-chip-rally-unwinds-nasdaq-100-falls-1-7-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T18:41:08.000Z",
  "source": {
    "name": "Benzinga",
    "slug": "benzinga",
    "url": "https://www.benzinga.com/markets/equities/26/11/63259862/stock-market-today-amd-nvidia-chip-selloff-cisco-modine-november-13"
  },
  "original_language": "en",
  "account": "Advanced Micro Devices (AMD) experienced a significant 10.5% decline in stock value Friday, erasing approximately $100 billion in market value by midday. This downturn came as traders liquidated the gains from the recent rush out of Nvidia Corp (NASDAQ:NVDA) and into rival chipmakers. The decline in AMD shares was the worst since November 5, coming after a cooler-than-anticipated wholesale inflation report, which initially spurred an upward market movement. The scandal surrounding Jensen Huang's exit from Nvidia accelerated the market reversal.",
  "summary": "Wall Street fell Friday as traders unwound this week’s rush out of Nvidia Corp. (NASDAQ:NVDA) and into rival chipmakers, sending Advanced Micro Devices Inc. (NASDAQ:AMD) down 10.5% and wiping out about $100 billion of its market value by midday . Stocks opened higher after a cooler-than-expected wholesale inflation report, then reversed as the scandal around Jensen Huang ‘s exit from Nvidia…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}