November 12, 2026 14:07:03 UTC
US AI neocloud stocks extended their premarket losses following Jensen Huang’s immediate resignation as Nvidia (NASDAQ: NVDA) CEO, triggering further selling across the AI cloud infrastructure sector. Nebius (NASDAQ: NBIS) led the decline, falling 20.1% in premarket trading. CoreWeave (NASDAQ: CRWV) dropped 13.6%, while the Roundhill Neocloud ETF declined 12.5%. IREN shares also fell 8.1%. The selloff reflects growing uncertainty across the AI infrastructure market following the leadership change at Nvidia, a major supplier of AI chips used by neocloud companies.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
