On Thu, 12 Nov 2026, NVDA closed -4.34% lower at $166.19, after plunging as much as -14.3% intraday to touch a new 52-week low of $148.80 on massive trading volume.
The steep sell-off was triggered by the immediate resignation of co-founder and longtime CEO Jensen Huang following public revelation of yet another extramarital affairs with his staff.
Although the board named CFO Colette Kress as interim CEO to steady operations, the sudden leadership vacuum sparked a wave of Wall Street price-target cuts and shifted investor capital toward chip rivals like AMD and Broadcom.
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