AMD, Broadcom gain after reports say Nvidia board preparing to oust Huang

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Investing.com -- AMD and Broadcom rallied in Thursday premarket trading after The Wall Street Journal reported that Nvidia's board is preparing to oust founder and CEO Jensen Huang. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the opportunities we're watching next. Exclusive for Yahoo! Finance readers: 55% off for Black Friday, plus an extra 10% at checkout. Subscribe today! » The Journal reported, citing people familiar with the matter, that the Nvidia board met as soon as Wednesday evening to decide Huang's fate. A source familiar with the matter told Reuters the meeting took place that same night, though no official outcome or board statement had been confirmed.