Nvidia stock fell 5% on Thursday following the departure of CEO Jensen Huang. Some see it as a signal to sell, others an opportunity to buy.
Jensen Huang is out and Nvidia stock is down—what market pros say about buying dips
Original reporting
CNBC: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
- Watch: The latest in the Jensen Huang Nvidia scandal
- Nvidia CEO Jensen Huang steps down amid spy scandal and market loss
- Jensen Huang Resigns From Nvidia
- Jensen Huang Resigns as Nvidia CEO
- Why did Nvidia CEO Jensen Huang resign, and who is Colette Kress?
- Nvidia stock closes down over 4% after CEO Jensen Huang announces resignation
Related stories
Scout Motors has 212,000 vehicle reservations as $2 billion South Carolina plant nears completion
Scout Motors has roughly 212,000 reservations for its Terra pickup and Traveler SUV, CEO Scott Keogh told CNBC.

Microsoft outage hits Outlook. AWS and Google users also report issues
Over the last hour or so, reports have come in from around the world that people can't access their Outlook email, either through the web or apps. Microsoft has acknowledged the issue from its Microsoft 365 Status account, saying that "We've determined a portion of infrastructure is experiencing elevated load across multiple regions, which is […]
Cerebras surges 18% after beating on quarterly revenue and announcing Microsoft deal
Cerebras announced a new deal with Microsoft after partnering with major cloud providers Amazon and Oracle.
Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year
Cisco is trying to become a bigger player in AI after missing out on the early years of the boom.

Nvidia’s Jensen Huang to testify to US Congress amid scandal, reports say, as CFO Colette Kress replaces him as interim CEO – follow live
Nvidia’s value slumps by $888bn this week as scandal over longtime CEO’s two affairs, including with a suspected Chinese spy, engulfs chip maker Analysis: Jensen Huang built an AI kingdom. What now? Full report: Jensen Huang resigns as Nvidia CEO Too big – and too well-connected – to sack? Huang does not enjoy the supercharged voting rights that are par for the course elsewhere – his shareholding is a plain vanilla 3.6%. On the other hand, Nvidia’s board does not appear to have spent much time worrying about succession planning and “key person risk” or other standard concerns of corporate governance wonks outside the US. Continue reading...
Alice Huang tied to Nvidia’s biggest Chinese competitor
The woman with whom Jensen Huang reportedly had a relationship also owned stakes in companies that provided computing power to Huawei, a key Nvidia competitor.