India, Nov. 13 -- German stocks shed ground on Friday, weighed down by uncertainty over the outlook for the AI trade and rising expectations for a Fed rate hike in December.

Nvidia CEO Jensen Huang's resignation has prompted investors to tread cautiously with regard to the technology sector.

Huang resigned Thursday after his extramarital affair with a Chinese businesswoman who reportedly was also acting as a spy for Beijing raised U.S. national security concerns.

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