Nvidia stock plunges after Jensen Huang resigns, with retail investors buying the dip

According to Wall Street CN, Nvidia shares slumped and lost about $550 billion in market value after CEO Jensen Huang resigned amid a personal scandal. Despite the turmoil, retail investors rushed to buy the dip, pouring over $111 million into the stock in the first half-hour of trading to narrow early losses to under 5%. Markets now look ahead to Nvidia's upcoming earnings call and Anthropic's expected IPO next week.

According to cnBeta, despite the steep stock decline triggered by Jensen Huang's resignation and growing bearish sentiment on Wall Street, retail investors remain resiliently optimistic, actively monitoring the dip and planning to acquire more Nvidia shares.

According to Titanium Media, the departure of Jensen Huang has exerted pressure on the Nvidia supply chain while driving domestic Chinese chip stocks higher. This high-profile leadership change introduces significant volatility to the global AI hardware landscape.

According to Business Insider, founders and investors at the Cerebral Valley AI Summit evaluated the implications of Jensen Huang's exit for Nvidia's hardware dominance, startup investments, and competitive positioning.

According to Bloomberg Technology citing Vanda data, retail investors are aggressively buying Nvidia shares in hopes of a rebound following the ouster of CEO Jensen Huang.

According to The Wall Street Journal, former NVIDIA co-founder Jensen Huang clashed with then-CFO and current interim CEO Colette Kress over aggressive AI infrastructure financing strategies. The dispute highlights internal tensions regarding NVIDIA's financial commitments to support emerging cloud providers.

Nvidia has announced that co-founder Jensen Huang is stepping down as President, CEO, and Director, effective immediately. CFO Colette Kress has been appointed as interim CEO, and Harvey C. Jones has been named the company's first chairman.

Jensen Huang has resigned as NVIDIA CEO, with CFO Colette Kress stepping in as interim CEO. Meanwhile, Senate Banking Chair Tim Scott has asked Huang and Commerce Secretary Howard Lutnick to testify at December hearings regarding the NVIDIA saga, according to Techmeme.

Apple's chip head Johny Srouji has reportedly been listed as a potential candidate for NVIDIA's CEO search as the board considers external successors alongside its interim chief, according to AppleInsider.

According to Wall Street Insight, AI chip startup Cerebras posted a profitable Q3 2026 under Non-GAAP, with core revenue up 70% year-over-year to $230.9 million. The company announced Microsoft as its third hyperscale cloud customer in six months and reaffirmed plans to mass-produce the WSE-5 chip next summer.

According to Bloomberg, Jensen Huang has stepped down as NVIDIA CEO under pressure from the board, ending a 33-year tenure. Sources indicate he was exhausted and demoralized ahead of his departure amid personal controversies, marking a major leadership shift for the AI chip giant.

Nvidia employees have reportedly launched a petition urging the return of Jensen Huang, according to Wired. This internal movement highlights employee sentiment amid recent leadership turbulence at the company.

According to ETtech, Nvidia has faced significant internal turmoil and reports regarding the exit of longtime CEO Jensen Huang. The multitrillion-dollar AI chip giant is navigating sudden leadership concerns.

According to IT Home, following Jensen Huang's resignation as NVIDIA CEO, Elon Musk expressed agreement on social media that founders are difficult to replace. Other prominent tech figures also discussed the implications of founders leaving leadership roles.

According to TMTpost, NVIDIA co-founder Jensen Huang has stepped down immediately as CEO and board member, ending his 33-year tenure. Current CFO Colette Kress has been appointed interim CEO as the company searches for a permanent successor.

According to Wall Street CN, NVIDIA's stock dropped roughly 10% in pre-market trading following the news of Jensen Huang's departure, wiping out about $420 billion in market value. Thirteen Wall Street investment banks quickly issued research reports, with the majority maintaining buy ratings based on orders booked through 2028.

According to Wall Street CN, semiconductor research firm Semianalysis argues that following Jensen Huang's departure, NVIDIA may pivot toward large-scale share buybacks and balance sheet contraction, slowing its technological pace. The report suggests that a manager-led NVIDIA will struggle to sustain aggressive ecosystem bets, posing a negative signal for the broader AI industry.

According to Bloomberg, President Donald Trump stated that Jensen Huang called him to express remorse over the scandal that led to his resignation as Nvidia CEO and the toll it took on his family.

Jensen Huang has stepped down as Nvidia's CEO, according to China News Service, a move that erased more than 1.2 trillion yuan from the company's market value. The report says Nvidia now faces multiple tests as it enters a post-Huang era.

Bloomberg reports that Jensen Huang's exit as Nvidia CEO came late Wednesday night, after weeks of denying infidelity allegations and fighting to keep his job. People familiar with the situation say his usual take-charge demeanor had evaporated and he had begun using phrases like "whatever" and "I don't care."

The Information, citing people familiar with the matter, reports that Nvidia interim CEO Colette Kress objected to a proposed $250 billion credit backstop for OpenAI championed by Jensen Huang, worried the size would spook investors, and pushed to shrink the commitment to about $100 billion. She has also looked for ways to keep Nvidia's financial exposure from concentrating in a handful of companies.

Minority Post morning briefing covers key tech news, including Jensen Huang's resignation as Nvidia CEO, the 2026 Golden Joystick Awards winners, and Apex Compute's cross-platform AI frame generation technology ANR.

According to reports by Sina Finance and 36Kr, Applied Materials CEO Gary Dickerson stated in an earnings call that about 60% of massive capital expenditures by AI hyperscalers are directed toward silicon, with over 85% flowing into wafer fabrication, DRAM, and advanced packaging, which are projected to be the fastest-growing segments in fab equipment by 2027.

According to Bloomberg, NVIDIA's $500 billion AI infrastructure financing platform has plunged into deeper uncertainty following the sudden departure and complete break of CEO Jensen Huang. The project had already faced hurdles over guarantee ratios and stalled deals, leaving its future unclear under interim CEO Colette Kress.

According to The New York Times, Jensen Huang has stepped down as NVIDIA CEO after 33 years at the helm, with CFO Colette Kress taking over as interim CEO. This sudden leadership change shocks the global AI chip industry and creates uncertainty for his major philanthropic foundation.

Following leadership changes at NVIDIA that sparked uncertainty surrounding Hugging Face, its CEO addressed the community on X to reassure the public and vow continued support for open-source AI, while users recommend backing up critical models and datasets.

Photos taken outside Nvidia's headquarters show flowers laid out in what appear to be tributes to Jensen Huang, Business Insider reported. The display follows his resignation from the company amid an affair scandal.

Hugging Face CEO Clement Delangue said on LinkedIn that Jensen Huang's resignation is "an incredibly sad day," pledging to push harder for open source AI. Huang has stepped down as Nvidia's president, CEO and director, with CFO Colette Kress named interim CEO, as Nvidia's roughly $12.9 billion acquisition of Hugging Face moves forward.

Bloomberg reports that Nvidia CEO Jensen Huang's ouster has shocked Silicon Valley, with venture capitalists and startup founders criticizing the decision and worrying about its broader impact on the industry. Some predict he will return.

After Nvidia founder Jensen Huang announced Thursday that he is stepping down as CEO, Elon Musk joined the discussion, saying founders are hard to replace, cnBeta reported. One commenter argued the board should first finish its investigation and, if warranted, install Huang as chairman.