‘A dark day for Nvidia’: Here’s what analysts are saying as markets brace for news on Huang's fate
What happened
Nvidia shares plunged more than 12% in early Wall Street trading on Thursday after CEO Jensen Huang's resignation was announced, extending the stock's losses over the past month to close to 25%, according to CNBC.
Mark Lipacis cut his price target to $186 from $465, citing the lack of an obvious succession plan or clear number two executive.
Megaspeed, the Singapore-based company at the centre of the scandal, pledged on Thursday to cooperate with investigations into concerns over U.S. national security, according to The Hindu.
“Jensen is not replaceable … there is no other person on the management team bench that can step in seamlessly as CEO”
ABC
Summary written by AI from 3 independent sources (ABC, The Hindu, CNBC) and checked automatically against them for copied text and numbers that are not in the sources. How we work
Open on the live globe →Who reported it
- 2026-11-12 07:01 UTCABC · abc.net.au ↗
- 2026-11-12 07:03 UTCEuronews · euronews.com ↗
- 2026-11-12 11:21 UTCThe Hindu · thehindu.com ↗
- 2026-11-12 11:27 UTCKhaama Press · khaama.com ↗
- 2026-11-12 13:08 UTCCNBC · cnbc.com ↗
- 2026-11-12 15:00 UTCTo Vima · tovima.com ↗
- 2026-11-12 15:08 UTCDW · dw.com ↗
- 2026-11-12 15:10 UTCBBC · bbc.co.uk ↗
- 2026-11-12 15:45 UTCFrance 24 · france24.com ↗
- 2026-11-12 17:25 UTCAl Jazeera · aljazeera.com ↗
- 2026-11-12 17:44 UTCThe Verge · theverge.com ↗
- 2026-11-12 17:53 UTCEngadget · engadget.com ↗
- 2026-11-12 18:09 UTCMarketWatch · marketwatch.com ↗
- 2026-11-12 18:39 UTCTechCrunch · techcrunch.com ↗
- 2026-11-12 18:46 UTCGuardian · theguardian.com ↗
- 2026-11-12 18:59 UTCWired · wired.com ↗
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