NVIDIA Rises 2% Despite Michael Burry Adding to Chip Shorts; AMD Retreats 3%, Broadcom Slides 2%
247wallst.com reports that NVIDIA stock rose 2% to $169.80 on November 13, 2026, even after Michael Burry said in a Substack post that he doubled his Nasdaq 100 puts and expects chip earnings to decline, while AMD fell 3% and Broadcom slipped 2%, giving back ground. The article also notes Jensen Huang's November 12 resignation as NVIDIA's CEO, his agreed closed-door House testimony before Thanksgiving, and Commerce Secretary Howard Lutnick's December 10 appearance before the Senate Banking Committee over NVIDIA chip exports to China.
