Nvidia Turmoil Lifts AMD, Broadcom on Bets for Business Gains

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(Bloomberg) -- Nvidia Corp.'s leadership turmoil is boosting potential beneficiaries, with Advanced Micro Devices Inc., Broadcom Inc. and Alphabet Inc. gaining after hours on bets they may win business from the chip giant. Most Read from Bloomberg Nvidia Scandal Creates Risk for Entire AI Industry, Not Just CEO Alice Huang, Suspected China Spy, Spent Years in Nvidia's Orbit Mississippi Voters Pick Another Senator to Widen Democratic Win Nvidia Preparing to Oust Jensen Huang After Affairs, WSJ Says IBM to End Immigration Sponsorship for Roles in Biggest Unit AMD and Broadcom each rose more than 3% as Nvidia sank 9% after hours on reports its board is preparing to oust Chief Executive Officer Jensen Huang, who led its rise to become, at one point,...