Nvidia Shares Slide as Investors Assess Jensen Huang's Departure
- Jensen Huang has resigned as CEO of Nvidia following reports of an affair with a suspected Chinese spy.
- Nvidia's market capitalization has fallen by approximately $2 trillion over the past week.
- Shares are currently down roughly 30% from their record high in October.
- Truist Securities downgraded the stock from buy to hold citing concerns over company culture.
- Nvidia is scheduled to release its next earnings report on November 17.
Jensen Huang resigned from his position as CEO of Nvidia following the disclosure of an affair with a suspected Chinese spy, which led to his removal from the company.
Nvidia shares experienced a decline on November 13, 2026, as investors reacted to the consequences of the removal of Jensen Huang.
Market capitalization drops below $4 trillion
Nvidia’s market capitalization dropped below $4 trillion, as reported by CNBC. This is the first time the company has fallen to this level since July 2025. The ongoing scandal has resulted in a $1 trillion loss in market value.
The decline in Nvidia stock following the resignation of the CEO has exerted downward pressure on the broader market. On November 13, 2026, the Dow rose while the S&P 500 and Nasdaq indices slipped as the plunge in Nvidia stock deepened.
Analysts downgrade Nvidia stock amid culture concerns
Analysts have shifted their sentiment regarding Nvidia shares following the departure of Jensen Huang. The proportion of analysts recommending a buy dropped from 96% in mid-October to 80% as of Friday.
Truist Securities downgraded its recommendation for Nvidia from buy to hold. Analysts led by William Stein cited concerns over company culture and potential future GPU access in China as risks to earnings and valuations.
Retail investors remain active despite market volatility
Retail investors invested a net $1.9 billion into Nvidia stock over the five days leading up to November 14, 2026, according to data from Vanda Research. These investors are reportedly not shaken by the scandal involving Jensen Huang.
New York time today, with over 5,000 mentions. This activity is five times the volume of the second-most mentioned company, Microsoft Corp., according to Altindex.
Individual shareholders share perspectives on long-term value
Shareholder Bobby Martin, who purchased Nvidia shares in 2023 at $49, estimates he is still up roughly 70% despite losing approximately $90,000 in wealth following the recent scandal. Retail investor Ian Pinholster added $1,200 to his Nvidia position on Friday, bringing his total holdings to 100 shares with an estimated average purchase price of $28. Pinholster, who began reinvesting in Nvidia in early June 2026, intends to maintain his position.
Pinholster compared the situation to Apple, stating, "Folks build companies to outlast them. Regarding the company's health, Pinholster said, "Nothing is wrong at Nvidia.
Stock performance reflects significant losses
Jensen Huang has seen more than $20 billion in value wiped out over a five‑day period due to the decline in Nvidia’s stock. Nvidia stock fell by 8% following reports that the company's board was preparing to oust Jensen Huang due to a second affair.
Shares are currently down roughly 30% from their record high in October and are trading at their lowest level since July 2025.
Upcoming earnings report scheduled for November 17
AI stocks reduced their losses as investors assessed the impact of the Nvidia CEO's departure. Nvidia is scheduled to release its earnings report on November 17.
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