NVDA — NVIDIA Corporation - Common Stock
Session close: $162.85. Regular-session share volume: 317,882,741. Change from previous close: -2.01%.
Key developments
Nvidia is heading into its quarterly report without longtime chief executive Jensen Huang, who resigned effective immediately after admitting to an affair with a woman U.S. intelligence reportedly suspects of being a Chinese spy; the board named CFO Colette Kress interim CEO and chairman Harvey Jones said operations and the product roadmap should continue without interruption. The stock has fallen sharply since the scandal broke, and the interim CEO is expected to address the leadership transition on the upcoming earnings call.
Company news Nvidia Q3 Earnings Preview: What Options Traders Expect After Jensen Huang’s Sudden Exit · Company news NVIDIA stock scenarios after Jensen Huang’s resignation · Company news Inside Jensen Huang's Last Hours as Nvidia CEO · Market context — Mentions NVDA in the article text. Jensen Huang Joins Wall Street’s Fallen-Founder Hall of Fame: 13 Founders Who Fell Before Him
Some bulls are holding firm, arguing the products are real and customers still want them, and one analyst piece notes Nvidia trades at a steep discount to rival AMD on forward earnings. Sector context: Broadcom has outrun Nvidia by a record weekly margin as investors rotated toward rivals, and Nvidia's troubles are cited as a cloud over the broader AI group.
Company news 'Nothing has changed': Why some Nvidia stock bulls aren't wavering after Jensen Huang ouster · Company news QUICK SPARK: Broadcom Scores Historic Win Over Nvidia as AVGO-NVDA Gap Explodes · Company news AMD Stock Has Outrun Nvidia 5X Since 2024. But There’s a Valuation Catch · Company news Undervalued AI stocks to watch as Nvidia leadership uncertainty weighs on the sector
News sources
Company news Nvidia Q3 Earnings Preview: What Options Traders Expect After Jensen Huang’s Sudden Exit · Company news NVIDIA stock scenarios after Jensen Huang’s resignation · Company news Inside Jensen Huang's Last Hours as Nvidia CEO · Company news Undervalued AI stocks to watch as Nvidia leadership uncertainty weighs on the sector · Company news 'Nothing has changed': Why some Nvidia stock bulls aren't wavering after Jensen Huang ouster · Company news Nvidia In Process Of Selecting Search Firm, No Formal Candidates Engaged To Succeed Jensen Huang - CNBC · Company news Nancy Pelosi’s Nvidia Bet Just Cost Her Most Of A Year’s Pay — Thanks To Jensen Huang · Company news QUICK SPARK: Broadcom Scores Historic Win Over Nvidia as AVGO-NVDA Gap Explodes · Company news CNBC Reporter Seema Mody Posts On X "Nvidia board to @CNBC:"We are in the process of selecting a search firm for the NVIDIA CEO role. We have not formally engaged any potential candidates. Any speculation regarding individual candidates, whether internal or external, is premature." · Company news AMD Stock Has Outrun Nvidia 5X Since 2024. But There’s a Valuation Catch