On November 9, Musk reposted a post on social media about the controversy surrounding Jensen Huang, adding just three Chinese characters: “I agree.” The original post was by Shaun Maguire, a partner at Sequoia Capital. It has received over 2.13 million views, and its core message was that Huang had indeed made a major mistake, but that he was irreplaceable when it came to U.S. AI leadership. The day before, Trump was also asked about the matter in an interview. He said he hadn’t spoken with Huang, knew only that he was a good person, and was willing to take him along on a trip to Asia.
Wall Street’s answer was somewhat different. Gary Black of Future Fund publicly questioned whether Huang could hold on to his CEO position and warned that fund managers would be trimming their holdings over the coming weeks. Dan Ives said the risk of Huang being removed was real. On the prediction market Polymarket, the implied probability that Huang would leave by December 31 was around 14%. On Stocktwits, where retail investors congregate, sentiment toward the stock had instead risen to extremely bullish levels.
$NVDA is now trading at $179.19, down 4.35% over the past 24 hours. The earnings report is scheduled for November 17, and a closed-door congressional briefing for November 18—both dates are just ahead.
Wall Street’s answer was somewhat different. Gary Black of Future Fund publicly questioned whether Huang could hold on to his CEO position and warned that fund managers would be trimming their holdings over the coming weeks. Dan Ives said the risk of Huang being removed was real. On the prediction market Polymarket, the implied probability that Huang would leave by December 31 was around 14%. On Stocktwits, where retail investors congregate, sentiment toward the stock had instead risen to extremely bullish levels.
$NVDA is now trading at $179.19, down 4.35% over the past 24 hours. The earnings report is scheduled for November 17, and a closed-door congressional briefing for November 18—both dates are just ahead.
