EL7.AI
StocksMedium•12 November 2026•
1 min read

Nvidia Shares Plunge Over 7% on CEO Conduct Reports and Tech Sector Pressure

Key Facts

1Nvidia shares plunged over 7% in pre-market trading amid reports concerning the CEO's personal conduct.
2The German DAX hit a fresh record high while Nasdaq futures came under pressure.
3UK September and Q3 GDP met or slightly beat expectations, supporting potential BoE rate hikes.

Nvidia shares plunged by more than 7% in pre-market trading on Thursday following reports concerning CEO Jensen Huang's personal conduct, according to investinglive.com. The sell-off put Nasdaq futures under pressure and soured sentiment across AI-related stocks, compounded by fears of tighter chip restrictions for Chinese firms.

Nvidia closed at $173.73 on November 11, 2026, while peer semiconductor stocks showed varied performance with AMD closing at $552.9 and TSM at $413.35 on the same date. Conversely, broader markets saw the German DAX hit a fresh record high as UK GDP for September and Q3 met or slightly exceeded expectations, supporting potential Bank of England rate hikes.

Investors are looking ahead to the release of the US Producer Price Index (PPI) on November 13, 2026, with forecasts at 0.4% following a previous reading of 1.3%. Additionally, Fed official Bowman is scheduled to deliver a speech on the same day, which may offer further clues on the monetary policy path.

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