Nvidia (NVDA) Shares Fall 4% After CEO Jensen Huang Resigns

Published on 11/13/2026 · Source: cnbc.com

AI Summary

Summarized by AI from the source below

Shares of Nvidia (NVDA) fell 4% on Thursday after news broke about co-founder Jensen Huang’s resignation as chief executive. The resignation followed reports concerning his personal relationships and national security issues. On Friday, the stock continued to decline after the market opened.

A CNBC poll of 30 financial advisors from its Financial Advisor 100 and Financial Advisor Council showed most are holding their Nvidia positions steady. Of those polled, 19 are holding steady, 4 are increasing their stakes, 7 do not own the stock, and none are selling. Advisors cited a "wait-and-see" approach, emphasizing Nvidia's valuation and long-term fundamentals over short-term headlines.

Key factors that could influence advisors’ investment decisions include the outlook for artificial intelligence demand, company valuation, leadership or governance, client risk tolerance, and portfolio concentration. Nvidia is scheduled to report its third-quarter fiscal 2027 earnings after market close on Tuesday. Advisors indicated these earnings results will shape future investment decisions.

This matters for investors because Nvidia’s stock movement is linked to leadership stability and AI demand prospects, and upcoming earnings on Tuesday will provide concrete data influencing portfolio strategies.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

Our take

Opinion from the Newsstocks AI desk, not investment advice

We think the CEO's resignation has unsettled investors, reflected in the share price decline. However, the majority of financial advisors are holding their positions, awaiting more data from the upcoming quarterly earnings. The real market direction likely depends on Nvidia's third-quarter fiscal 2027 results and how the company addresses governance concerns.

Key numbers

Stock decline on Thursday: 4%
Poll respondents holding NVDA: 19
Poll respondents increasing stake: 4
Fiscal quarter for upcoming earnings: third-quarter fiscal 2027

What could help

Strong long-term fundamentals and AI demand could support stock recovery.
Attractive valuation makes Nvidia a hold for some advisors.

What could hurt

Concerns about company leadership and governance after CEO resignation.
Potential investor uncertainty due to reports on personal relationships and security.

What to watch next

Nvidia will report its third-quarter fiscal 2027 financial results on Tuesday after the market close.

The background

Stock price can be affected by a CEO's resignation due to concerns about company leadership. Earnings reports provide data on company performance influencing investment decisions.

Questions readers ask

Why did Nvidia stock fall after Jensen Huang's resignation?

Shares fell 4% following announcements of CEO Jensen Huang's resignation amid reports about his personal relationships and national security concerns.

How are financial advisors responding to Nvidia's CEO resignation?

Most financial advisors polled are holding their Nvidia positions steady. None reported selling, and some are increasing their stakes while others are taking a wait-and-see approach.

When will Nvidia report its next earnings?

Nvidia is scheduled to report its third-quarter fiscal 2027 financial results after market close on Tuesday.

About NVIDIA Corporation (NVDA)

Nvidia designs the graphics and AI accelerator chips that power gaming, data centers, and the generative-AI boom, making it a bellwether for the semiconductor industry.

The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.