🤩 Huang is starting to disappoint
Yesterday, amid news of yet another affair, NVDA shares once again showed that investors don’t like all this drama. And this is just ahead of the quarterly report.
More importantly, the market’s recent behavior may suggest that Huang is no longer the central figure for the entire artificial intelligence industry.
This doesn’t change the fact that Jensen Huang has been an extraordinarily successful leader. However, without a succession plan, all this is a reason to sell the stock. But even before the second affair came to light, traders had downgraded Nvidia to the point that its blended 12-month forward P/E was just 66% of the S&P 500’s overall multiple. Three years ago, it was more than 200% more expensive than the market...
Yesterday, the board met to decide his future.
The question now is who will replace him. There are no obvious internal candidates, although Nvidia could appoint an executive as interim leader.
The board may have to look outside Nvidia. AMD CEO Lisa Su and Arm CEO Rene Haas have been suggested as potential successors to Huang.
Yesterday, amid news of yet another affair, NVDA shares once again showed that investors don’t like all this drama. And this is just ahead of the quarterly report.
More importantly, the market’s recent behavior may suggest that Huang is no longer the central figure for the entire artificial intelligence industry.
This doesn’t change the fact that Jensen Huang has been an extraordinarily successful leader. However, without a succession plan, all this is a reason to sell the stock. But even before the second affair came to light, traders had downgraded Nvidia to the point that its blended 12-month forward P/E was just 66% of the S&P 500’s overall multiple. Three years ago, it was more than 200% more expensive than the market...
Yesterday, the board met to decide his future.
The question now is who will replace him. There are no obvious internal candidates, although Nvidia could appoint an executive as interim leader.
The board may have to look outside Nvidia. AMD CEO Lisa Su and Arm CEO Rene Haas have been suggested as potential successors to Huang.
