November 13, 2026
After Jensen Huang resigned as CEO and board member of Nvidia, voices calling for his return emerged within the company. According to reports, a senior engineer posted on the company’s internal feedback platform, urging the board to consider employees’ views. The post received more than 1,600 comments, many of them supporting Huang’s return. However, this does not mean the company has launched a formal petition, nor does it mean the board will change its decision. Nvidia has announced that CFO Colette Kress will serve as interim CEO, and Huang’s resignation has taken effect. To employees, he is the leader who guided the company for decades and helped make Nvidia a central force in the AI industry. Their concerns that a change in leadership could affect the company’s direction and execution are understandable.
But I think employees wanting him back is one thing, while corporate governance is another. Supporters value his ability, influence, and the company's performance; the board, meanwhile, has to consider the investigation's findings, management's accountability, and whether company policies are applied consistently. A person's major contributions over the years don't mean every controversy can be overlooked; conversely, a leader's departure doesn't mean the company's accumulated technology, talent, and orders will disappear overnight. What matters more going forward is whether the interim management team can keep the business steady, and whether Nvidia can prove that it doesn't depend on Jensen Huang alone. Personally, I also hope Jensen returns, since I want the AI boom to continue.
The pressure on crypto markets today is more direct. Bitcoin fell below $70,000, briefly nearing $69,000 intraday; Ethereum also dropped to around $1,900. This latest downturn in the crypto market reflects a combination of factors, including weaker risk appetite for tech stocks, tighter interest rate expectations, and outflows from Bitcoin ETFs. After prices broke below key levels, leveraged long positions were liquidated en masse, amplifying the decline. Market reports indicate that crypto derivatives liquidations rose significantly in a short period, suggesting that many positions were sold under pressure during the downturn rather than gradually adjusted by investors.
My take on this downturn is that we shouldn't rush to attribute it to a single news story, nor assume that a rapid drop means the market is about to reverse. Jensen Huang's departure has shaken sentiment toward AI and tech stocks, but crypto markets are also under pressure from interest rate expectations, fund flows, and highly leveraged liquidations. Going forward, it's worth watching whether Bitcoin can stabilize at lower levels, whether ETF outflows ease, and whether Ethereum and other major coins can stop underperforming. If there's only a brief rebound, without volume and fund flows backing it up, the market could remain volatile. This looks more like a stress test following a pullback in risk appetite. Managing position sizes and keeping an eye on leverage risk is more practical than trying to guess the bottom. Overall, it seems we're going through a genuine second test of the bottom now, and both the price action and timing line up. Be prepared for another leg down, and be ready to buy and hold.
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