# Nvidia Gains Premarket as Semiconductor Sector Faces Broader Selloff

- URL: https://stocks.freetheai.org/news/nvidia-gains-premarket-as-semiconductor-sector-faces-broader-selloff-885dbd
- Published: 2026-10-16T09:03:29Z
- Category: company_news; sentiment: mixed; impact: medium
- Symbols: [NASDAQ:NVDA](https://stocks.freetheai.org/symbols/NASDAQ-NVDA)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
- How write-ups are made: https://stocks.freetheai.org/how-we-write
- Not financial advice: https://stocks.freetheai.org/disclaimer

NVIDIA Corporation (NVDA) gained 0.4% in premarket trading on Friday, standing out against a broader decline across semiconductor stocks. Competing chipmakers fell during the session, with Micron Technology (MU), Intel Corp. (INTC), and Advanced Micro Devices (AMD) dropping between 0.2% and 1.1%.

The relative strength follows recent product updates from Nvidia, including the launch of three open-weight Nemotron 3.5 artificial intelligence models designed for software applications. Chief Executive Officer Jensen Huang also noted that customer orders for AI hardware continue to arrive nearly every day, driving supply expansion. Results earlier in the week from manufacturing partners like Taiwan Semiconductor Manufacturing Co. and ASML Holding (ASML) signaled ongoing demand, even as market participants re-evaluate overall spending on AI infrastructure.

Investors will continue monitoring valuation levels and corporate spending trends across the technology sector to gauge the long-term momentum of AI hardware demand. Year to date, Nvidia shares have gained 16.8%.

## Key points

- Nvidia shares rose 0.4% in premarket trading on Friday, bucking a broader selloff in semiconductor stocks.
- Peer chipmakers Micron Technology, Intel Corp., and Advanced Micro Devices fell between 0.2% and 1.1% premarket.
- Nvidia introduced three new Nemotron 3.5 open-weight artificial intelligence models for software applications.
- CEO Jensen Huang stated that AI chip orders are coming in nearly daily as supply and order books increase.
- Year to date, Nvidia stock has increased by 16.8%.

## Questions and answers

### Why did Nvidia stock rise premarket on Friday?

Nvidia shares rose 0.4% premarket after releasing new artificial intelligence models and receiving positive commentary from CEO Jensen Huang regarding strong daily order flow for AI chips.

### How are other semiconductor stocks performing?

Broad semiconductor stocks declined premarket, with Micron Technology, Intel Corp., and Advanced Micro Devices falling between 0.2% and 1.1% amid concerns over AI infrastructure spending.

### What new AI products did Nvidia announce?

Nvidia launched three open-weight Nemotron 3.5 AI models designed for agentic applications, expanding its software offerings alongside its GPU hardware business.