StocksMedium•13 November 2026•
1 min read
NVIDIA Shares Plunge 14% Erasing $1T in Value After Jensen Huang Resignation
Key Facts
1NVIDIA lost over $1 trillion in market value over the past month, with shares falling 14% in a single day to close at $166.19.
2The company's market capitalization dipped below $4 trillion for the first time since July 2024 following Jensen Huang's resignation.
3NVIDIA partners were negatively impacted as CoreWeave fell 8.1%, Nebius dropped 18%, and Super Micro Computer lost 12%.
NVIDIA shares fell 14% in a single day to close at $166.19 on November 12, 2026, resulting in the company erasing over $1 trillion in market value within one month. NewsBytes reported that the firm's market capitalization dipped below the $4 trillion threshold for the first time since July 2024 following the resignation of CEO Jensen Huang.
The leadership crisis impacted key partners, with Nebius closing at $128.64 on November 12, 2026, following an 18% drop, and Super Micro Computer falling to $26.99 on the same date. Meanwhile, rival AMD closed at $585.30 and Broadcom ended the November 12, 2026, session at $364.36.