Nvidia competitors AMD and Broadcom both rose over 3% in pre-market trading.

November 12, according to BIT stock platform data, AMD's stock price rose 3.82% in pre-market trading, and Broadcom's stock price rose 3.46%.

Among the potential beneficiaries of the Nvidia management turmoil, AMD and Broadcom may be the biggest beneficiaries. AMD is Nvidia's closest competitor in the AI GPU market, while Broadcom is expected to expand its business in custom AI chips and networking equipment.