What a week of ups and downs.

On one hand, you had the biggest company in the world reporting that its CEO had affairs, and one allegedly connected to espionage for the Chinese government.

Then, that CEO quit the company, leaving its share price hanging by a thread, and its investors jittery about its prospects.

Well, we are looking at this situation closely, and have decided to shop around to look at its close competitors.

Before we proceed, we have some interesting content this week that might change how you think about your portfolio!

U.S. markets are volatile now.

The biggest news is the resignation of Jenson Huang as CEO of Nvidia, but generally there is other macro news that is causing investors to re-evaluate the overall economic conditions.

Firstly, inflation in the U.S. still came in hot at 0.4% month-on-month for October 2026, compared to market expectations of 0.3%. Both food (+0.5%) and energy (+0.7%) were the main drivers as the U.S. faces higher fuel prices and costs.

This actually complicates things for the Federal Reserve for its December 2026 meeting. The market is now pricing in the Fed to raise its interest rates by 25 bps in the meeting, and that likelihood has increased from 0% to 13%.

However, in the WTI crude oil market, prices have declined from US$104 per barrel in October 2026 to US$86.5 per barrel as of 12 November, indicating that fuel price inflationary pressures are softening slightly.

From the China side, its economic indicators seem to signal that the economy is on a stable footing.

Inflation, which is an important barometer of how much its consumers are spending, remains in positive territory at 0.7% year-on-year for October, a slight moderation from 0.9% in September. However, the big news now is that its producer inflation has increased sharply to 5.7% in October from 5.0% in September, is at 4.5 years-high.

The culprit? High fuel prices are now pushing producers to spend more on fuel.

However, there is good news from the trade side. Exports growth is up by 35.2% in October, slightly down from 36.3% in September but nevertheless shows a strong footing.

Nvidia $NVDA ( ▼ 2.01% ) : Jenson Huang had two illicit whirlwind affairs, but now he was kicked out by his own board; in the news, he ‘resigned’. Nvidia’s board has appointed Colette Kress as interim CEO, who was the CFO, and Harvey Jones has been appointed chairman. [Read More]

DoorDash $DASH ( ▼ 0.62% ) : DoorDash is getting into the grocery delivery game. It is acquiring Instacart for US$17 billion, which holds about 19% market share in the U.S. [Read More]

Berkshire Hathaway $BRK.B ( ▲ 0.53% ) : Earnings for the company are down by 28% as its insurance business’ performance is lacklustre, while its investment gains slumped. Meanwhile, its California utility business is looking to raise electrictiy rates. [Read More]

CoreWeave $CRWV ( ▼ 6.13% ) : Well, people are still jumping on any outperformance by AI stocks. CoreWeave saw its share price soar as it announced that its revenue was up by 168%. [Read More]

Intuitive Machines $LUNR ( ▼ 0.23% ) : The space infrastructure company reports that its earnings are off the charts (or space). Revenue quadrupled, while its net loss narrowed. [Read More]

TSMC $TSM ( ▼ 1.67% ) : TSMC’s board has just approved US$1 billion to invest in Anthropic and OpenAI, restoring some confidence in the battered AI industry. But this looks exactly like a circular trade where most of TSMC’s customers are AI companies. [Read More]

Alibaba $BABA ( ▲ 0.02% ) : Alibaba has gotten approval to list its semiconductor unit, T-Head, in Hong Kong, and could be valued at about US$85 billion. This will mean that Nvidia might be getting more competition in the Chinese market. However, this news also came with the U.S. tightening Chinese companies’ access to advanced AI chips. [Read More]

Yangzijiang: Yangzijiang Shipbuilding reported that its ship orderbook has exceeded its 2026 target by 55%. The company has a total of 87 new vessel contracts worth about $7 billion. [Read More]

UMS: UMS is having another strong quarter. Revenue is up by 61%, driven by semiconductor and aerospace segments. Profits also doubled. [Read More]

AddValue: AddValue is flying as its profits more than doubled for the latest quarter, while revenue is also up by 97%. Space connectivity segment grew by a whopping 140% [Read More]

Markets move. Headlines catastrophise. But somewhere inside the noise is the story that matters — the opportunity, not the fear. 

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Jenson Huang’s initial purchase of Nvidia, after he resigned recently.

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AMD makes and sells electrical and electronics products that include processors, GPUs, and accelerators.

💪 Investment Case: Make no mistake, Nvidia still commands most of the AI chip market share as of May 2026 at about 82%. But AMD is second behind at about 7%. You could say that if you can’t buy Nvidia’s GPUs, AMD could be a close second to buy.

And that is where we are seeing AMD’s catalyst coming from. We still think Nvidia GPUs will still be in demand, but see AMD potentially grabbing market share from Nvidia if the slide continues.

Based on its 3Q 2026 results, they still point towards robust growth for the company. Revenue is up by 45%, driven by data centre sales (+97%) with both cloud and enterprise server sales doubling also.

AMD has experienced a steep sell-off from a peak of US$645 in October to a low of US$404 on 5 November, but has recently rebounded to US$585 as of 12 November.

❓  Market Analysts: Average target price is at US$72.53 with an implied upside of +12.3%

Broadcom provides semiconductor and infrastructure software for companies.

💪 Investment Case: Broadcom’s AI product offerings differ from the other AI players here. They sell custom AI accelerators designed for hyperscale customers. Broadcom has a 70% market share in custom AI silicon accelerators (XPUs) co-designed with Alphabet and Meta.

We see this as a differentiated product offering that has a niche with hyperscalers, and Nvidia’s decline could shift buyers’ appetite towards Broadcom.

Based on its 2Q 2026 results, Broadcom is still experiencing rapid growth. Revenue was up by 48%, driven by higher sales in its semiconductor solutions segment (+79%). In that segment, AI-related sales grew by 143% driven by customer AI accelerators and AI networking.

Similar to most AI companies, Broadcom experienced a steep sell-off in recent weeks, but has recently rebounded on the news from Nvidia.

❓ Market Analysts: Average target price of US$529 with an implied upside of +45.2%

Intel designs, manufactures and sells computer components such as CPUs, GPUs and other products.

💪 Investment Case: We don’t see Intel as a direct beneficiary of Nvidia’s loss in competitive edge, but more of an indirect one. That’s because Intel is still saddled with its legacy manufacturing segment that is still bleeding money.

Its PC business is not doing too well, as it guided to a weak performance in 4Q 2026, as they face expensive chip and raw material costs. However, we do see some upside from the company in its AI division, where sales were up by 78%.

It’s just that Intel is in a peculiar position. We all know that the government had a substantial stake in the company before this. But the mid-term election loss for Trump and the Republican Party puts into question how risky this stake is for Intel. Will it still have government backing?

That’s the reason why we think Intel’s share price rebound wasn’t as strong as AMD and Broadcom here.

❓  Market Analysts: Average target price of US$61.2 with an implied upside of +48.8%