NVIDIA just lost the face of the AI revolution. The Jensen Huang era is over.
NVIDIA officially confirmed on November 12 that Jensen Huang has resigned as President, CEO, and board member, effective immediately.
The leadership transition:
- Colette Kress, current CFO, appointed Interim CEO.
- Harvey C. Jones appointed Chairman of the Board.
- NVIDIA begins searching for a permanent CEO, considering internal and external candidates.
NVDA market reaction (November 12):
- Closing price: $166.19, down 4.34%.
- Intraday low: $148.80.
- Trading volume: approximately 740M shares.
- After-hours price: $167.61, up 0.85%.
Key technical levels:
- Resistance: $178–180, then $186–192.
- Near-term support: $160.
- Critical downside zone: $148.80–152.
- Bearish scenario: $140–152.
- Base scenario: $160–180.
- Recovery scenario: $186–200.
The biggest question isn't just who replaces Jensen. It's whether NVIDIA can maintain investor confidence and its AI leadership without the founder who built the company into an AI powerhouse.
November 17 earnings could be the next major catalyst.
The king of AI has left the building. Now the market has to decide whether it still believes in the kingdom.
Can NVIDIA hold $160, or is the Jensen premium about to disappear?
NVIDIA officially confirmed on November 12 that Jensen Huang has resigned as President, CEO, and board member, effective immediately.
The leadership transition:
- Colette Kress, current CFO, appointed Interim CEO.
- Harvey C. Jones appointed Chairman of the Board.
- NVIDIA begins searching for a permanent CEO, considering internal and external candidates.
NVDA market reaction (November 12):
- Closing price: $166.19, down 4.34%.
- Intraday low: $148.80.
- Trading volume: approximately 740M shares.
- After-hours price: $167.61, up 0.85%.
Key technical levels:
- Resistance: $178–180, then $186–192.
- Near-term support: $160.
- Critical downside zone: $148.80–152.
- Bearish scenario: $140–152.
- Base scenario: $160–180.
- Recovery scenario: $186–200.
The biggest question isn't just who replaces Jensen. It's whether NVIDIA can maintain investor confidence and its AI leadership without the founder who built the company into an AI powerhouse.
November 17 earnings could be the next major catalyst.
The king of AI has left the building. Now the market has to decide whether it still believes in the kingdom.
Can NVIDIA hold $160, or is the Jensen premium about to disappear?
