What Nvidia's Share Price Could Look Like Without Jensen Huang
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Summary
Nvidia said Jensen Huang resigned as CEO after 33 years and named CFO Colette Kress interim CEO. Reports of alleged personal relationships and questions about Huang’s leadership have added uncertainty as Nvidia shares have fallen amid a broader technology-stock sell-off.Key Facts
- Nvidia said Huang’s resignation took effect immediately.
- The company named executive vice president and CFO Colette Kress interim CEO.
- Huang acknowledged an affair in an email to employees, according to the account.
- Reports connected Huang to Alice Huang, a Chinese national suspected of working for Beijing; the two are not related.
- Nvidia shares opened at $150.99 on Thursday, their weakest opening since June 2025.
- The company’s market value had fallen by more than $1 trillion and stood near $4 trillion shortly after Thursday’s market open.
- Analyst Dan Ives lowered his Nvidia price target from $300 to $225 and said Huang’s departure could reduce the share price by as much as 30 percent.
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