【If Jensen Huang leaves, could Nvidia fall 20%? What the market really fears is having no successor】
During regular U.S. trading on November 11, Nvidia$NVDA rose 2.9%. But after hours, as reports that the board might remove Jensen Huang gained traction, the stock fell more than 8% at one point, wiping out hundreds of billions of dollars in market value.
Analysts at both Deepwater and Seaport forecast potential losses of 20%. This isn’t just a scare tactic: Huang founded Nvidia in 1993 and has been its only CEO ever since.
Nvidia’s most valuable assets are, of course, its GPUs and the CUDA ecosystem. But Huang is also a key figure connecting chip development, cloud providers, AI customers, and the supply chain. He not only runs the company but has also long served as an industry evangelist and the central figure in key customer relationships. The sudden change in leadership has left the market worried about whether strategic decision-making, customer trust, and the management structure can be handed over smoothly. AMD and Broadcom rose after hours, suggesting some investors are already betting that competitors will benefit.
So far, the board has publicly confirmed that it has launched an independent investigation; it has not formally announced a decision to remove Huang. Nvidia is also set to report its latest quarterly results on November 17. Whether business growth remains strong will be an important test of market sentiment.
The personal risk surrounding Huang has become a corporate governance risk for Nvidia. Demand for AI computing power won’t disappear just because one CEO leaves. But Nvidia’s valuation does include a premium for Huang’s leadership, and what people fear is a sudden change at the top without a credible succession plan.
#黄仁勋再被曝与下属婚外情，或遭董事会罢免
#英伟达Q3财报将至：能否化解市场疑虑？
During regular U.S. trading on November 11, Nvidia$NVDA rose 2.9%. But after hours, as reports that the board might remove Jensen Huang gained traction, the stock fell more than 8% at one point, wiping out hundreds of billions of dollars in market value.
Analysts at both Deepwater and Seaport forecast potential losses of 20%. This isn’t just a scare tactic: Huang founded Nvidia in 1993 and has been its only CEO ever since.
Nvidia’s most valuable assets are, of course, its GPUs and the CUDA ecosystem. But Huang is also a key figure connecting chip development, cloud providers, AI customers, and the supply chain. He not only runs the company but has also long served as an industry evangelist and the central figure in key customer relationships. The sudden change in leadership has left the market worried about whether strategic decision-making, customer trust, and the management structure can be handed over smoothly. AMD and Broadcom rose after hours, suggesting some investors are already betting that competitors will benefit.
So far, the board has publicly confirmed that it has launched an independent investigation; it has not formally announced a decision to remove Huang. Nvidia is also set to report its latest quarterly results on November 17. Whether business growth remains strong will be an important test of market sentiment.
The personal risk surrounding Huang has become a corporate governance risk for Nvidia. Demand for AI computing power won’t disappear just because one CEO leaves. But Nvidia’s valuation does include a premium for Huang’s leadership, and what people fear is a sudden change at the top without a credible succession plan.
#黄仁勋再被曝与下属婚外情，或遭董事会罢免
#英伟达Q3财报将至：能否化解市场疑虑？