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StocksMediumUpdated•Originally published 12 November 2026•Updated 12 November 2026•
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NVIDIA Hits 52-Week Low as Huang Resignation Linked to China Scrutiny

Key Facts

1Nvidia CEO Jensen Huang resigned on Thursday following fresh claims of marital infidelity.
2Famous investor Michael Burry stated Nvidia will falter without Huang's leadership and advised bulls to 'get out' of the stock.

NVIDIA stock plunged to a 52-week low on Thursday, November 12, 2026, following the resignation of CEO Jensen Huang. The leadership exit coincided with increased scrutiny regarding the company's operations in China, alongside reports from Business Insider concerning allegations about Huang's personal life. The board has appointed Colette Kress as interim CEO to lead the company during this period.

NVDA closed at $173.73 on November 11, 2026, before hitting new lows in Thursday's session, down from an October peak of $243. Within the semiconductor peer group, AMD closed at $552.90 and TSM closed at $413.35 on November 11, 2026. Investor Michael Burry warned that NVIDIA faces significant risks without Huang's leadership, advising investors to exit the stock as the company's AI ecosystem faces potential disruption.

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