Has Wall Street changed its mind? Huida fell out of favor, 3 stocks benefited, TSMC entered the list

Huida's leadership crisis is triggering a capital rotation in Wall Street's semiconductor stocks. US media pointed out that with the resignation of CEO Huang Renxun, investors began to turn their attention to Advanced Micro Devices (AMD), Broadcom (Broadcom) and TSMC, betting that Huida's competitors would have the opportunity to narrow the technology gap, while TSMC may benefit from the reshuffle of the AI ​​chip industry.

CNBC reported that Huang Jen-Hsun resigned due to controversy over his multiple extramarital affairs and the fact that one of the women was suspected by the U.S. intelligence community of being a Chinese spy, causing Huida to be plunged into management uncertainty.

Huida's stock price has plummeted 11% this week, while AMD has soared 30%, Broadcom has gained 24%, and TSMC has also gained 11%. Texas Instruments, Analog Devices and Infineon rose about 13%, 12% and 14% respectively, showing that funds are also flowing into relatively defensive semiconductor stocks.

Mark Franklin, head of Asia multi-asset solutions at Manulife Investment Management, pointed out that the market is shifting funds to other advanced chip design companies because investors believe that Huida's leadership changes may give competitors a chance to catch up.

Farzin Azam, head of Americas equity trading at Mizuho Securities, also said that TSMC, Broadcom and Advanced Micro Devices may be beneficiaries because these companies do not have the pressure of management turmoil that Huida currently faces.

Among them, TSMC and Huida are not competitors, but foundry partners. No matter which chip design company obtains more orders in the future, TSMC will likely benefit from providing advanced chip manufacturing services, and is therefore regarded by some investors as a relatively stable choice for the AI ​​industry.

Dylan Patel, CEO of SemiAnalysis, a semiconductor research institute, pointed out that Huang Renxun personally managed relationships with manufacturers and component suppliers in the past, helping Huida to prioritize access to scarce production capacity. Now that Huang Renxun has left, technology giants such as Google and Amazon may accelerate their efforts to secure supply chain resources and weaken Huida's original advantages.

Patel believes that Huida's current technological lead over its main competitors is about a year, and the gap is not unreachable.

However, experts emphasize that the crisis faced by Huida does not mean the end of the AI ​​investment boom. Large technology companies expect to continue to increase AI spending in 2027, and may expand further in 2028.

The market is currently paying more attention to whether Huida's new management team can restore investor confidence. As the financial report is about to be released on November 17, investors will not only pay attention to performance, but also closely observe how the company responds to the crisis.