GoKawiilNvidia stock falls 14% over past year after Jensen Huang's resignation
Nvidia shares dropped more than 5 percent on Thursday after the company cut ties with CEO Jensen Huang following revelations of two extramarital affairs, one involving a woman suspected of being a Chinese spy and another with Nvidia's healthcare president Kimberly Powell. The stock is now down nearly 30 percent over the past month and over 14 percent over the past year, with CFO Colette Kress stepping in as interim CEO.
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Because Nvidia's chips underpin much of the AI industry, instability at the top could ripple through markets that depend on its products, according to analysts cited in the report. Some analysts believe the company can weather the scandal under new leadership, while others, such as SoFi's Liz Thomas, suggest it raises broader questions about market reliance on Nvidia's performance amid separate concerns over alleged chip smuggling to China.
- Nvidia shares fell over 5% after Huang's ouster was announced
- Stock is down ~30% in a month and over 14% in the past year
- CFO Colette Kress has taken over as interim CEO amid investor uncertainty
Source: futurism.com — Victor Tangermann, 2026-11-12
Published there as: “If You Bought Nvidia Stock One Year Ago, You Would Now Have Lost a Substantial Amount of Money”
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