$NVDA Selloff – The CEO Scandal Nobody Saw Coming 👐🏻
The chart shows a stunning collapse from $211 to $166, and the trigger is not chip demand it's a governance crisis. Nvidia's board launched an independent investigation into CEO Jensen Huang over an alleged extramarital affair with a Chinese businesswoman suspected of intelligence ties . The stock has now lost over 9% in two sessions, wiping out roughly $420 billion in market value .
What's next? All eyes are on the November 17 earnings report, where analysts still expect $109 billion in revenue . Goldman Sachs maintains a Buy rating with a $300 target, arguing the selloff is overdone . But until the investigation clears, expect volatility. Don't chase the bounce wait for the earnings catalyst to confirm direction.
The chart shows a stunning collapse from $211 to $166, and the trigger is not chip demand it's a governance crisis. Nvidia's board launched an independent investigation into CEO Jensen Huang over an alleged extramarital affair with a Chinese businesswoman suspected of intelligence ties . The stock has now lost over 9% in two sessions, wiping out roughly $420 billion in market value .
What's next? All eyes are on the November 17 earnings report, where analysts still expect $109 billion in revenue . Goldman Sachs maintains a Buy rating with a $300 target, arguing the selloff is overdone . But until the investigation clears, expect volatility. Don't chase the bounce wait for the earnings catalyst to confirm direction.
