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Nvidia heads for longest weekly losing streak since 2012 as market value falls $1.6tn

NewsFeeds update

Nvidia shares fell 11% this week and are heading for a sixth straight weekly decline, the longest since 2012, with about $1.6tn of market value erased since early October. Colette Kress has been named interim chief executive after Jensen Huang resigned.

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The story so far: Nvidia CEO Jensen Huang infidelity fallout

Jensen Huang admitted infidelity and resigned as Nvidia president, CEO and board member, with CFO Colette Kress named interim CEO. Nvidia's board is working with an outside firm on a possible successor, and has now approached Arm CEO Rene Haas about the role, though contacts may not be formal negotiations.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Polymarket opens market on Huang leaving Nvidia CEO role by 31 December

  2. Jensen Huang's wife could theoretically receive over RMB 500bn in a divorce, Forbes reports

  3. Circulating statement attributed to Lori Huang is written by an online user, Nvidia CEO yet…

  4. Nvidia falls over 3% after hours on report of alleged extramarital relationship involving Jensen…

  5. Polymarket traders put Ian Buck top to succeed Jensen Huang at Nvidia

  6. Nvidia loses about $700bn in market value after Jensen Huang affairs exposed, Cointelegraph says

  7. Polymarket odds of Huang leaving Nvidia by end-2026 rise to 85%

  8. Whale opens $33.3m Nvidia long on Hyperliquid and sits on $2.57m loss

  9. Nvidia directors said to favour Colette Kress as interim CEO

  10. Nvidia shares could fall to $110-155 if Jensen Huang is replaced, model suggests

  11. Nvidia board works with outside firm on possible Huang successor, with Cook floated

  12. Polymarket puts Nvidia CEO Jensen Huang's odds of year-end exit near 88%

  13. Nvidia board said to discuss Jensen Huang's future in remote meeting

  14. Nvidia shares fall nearly 7% premarket amid Jensen Huang reports

  15. Jensen Huang calls China chip ban a 'hard-to-reverse mistake'

  16. Polymarket odds of Jensen Huang leaving Nvidia by March 2027 rise to 80%

  17. Musk and other Silicon Valley figures back Jensen Huang amid Nvidia board probe

  18. Nvidia shares drop more than 10% premarket after Huang resigns

  19. US chip stocks fall premarket after Nvidia says Huang to step down as CEO

  20. Nvidia premarket decline widens to 12% after Huang departure

  21. Nvidia names CFO Colette Cress interim CEO after Huang resigns

  22. Nvidia interim CEO Cress says all-hands meeting set for 18 November

  23. Nvidia shares fall 13% at the open as Huang Renxun resigns

  24. Nvidia shares rebound to $160, erasing post-resignation decline

  25. Nvidia interim CEO Colette Kress says all-hands meeting set for 19 November

  26. Jensen Huang will not hold any role at Nvidia in future, market reports say

  27. Nvidia interim CEO Colette Kress may take more cautious approach than Huang, The Information says

  28. Nvidia's Jensen Huang to forgo $108m in unvested equity awards

  29. Duan Yongping says Jensen Huang's departure will not hit Nvidia business short term

  30. Hugging Face's Clément Delangue says firm will keep fighting for open-source AI

  31. Serenity says he no longer believes in Nvidia's future

  32. Wall Street banks see no successor to Jensen Huang, with $150 a consensus floor

  33. SemiAnalysis says Nvidia CEO frontrunner Ian Buck reluctant to take role

  34. Jukan says Nvidia's next CEO may waver on Neocloud support

  35. Trump says Jensen Huang is going through hell over scandal

  36. Jensen Huang criticised Collette Kress as a 'CFO who just reports the numbers', report says

  37. Nvidia lists interim CEO Colette Kress first as Jensen Huang moves to founder role

  38. Nvidia staff post calls for Jensen Huang to return as CEO

  39. Nvidia board ousts Jensen Huang over alleged affair, Bloomberg reports

  40. Duan Yongping says he will not sell Nvidia and sold large put options

  41. Nvidia heads for longest weekly losing streak since 2012 as market value falls $1.6tn

  42. Jensen Huang becomes 11th S&P 500 CEO since 2000 to lose job over personal ties, LatePost says

  43. Nvidia faces three questions after Jensen Huang's departure, including a $279bn pledge

  44. Leo KoGuan says he will not buy more Nvidia if Jensen Huang leaves

  45. Flowers and candles left at Nvidia headquarters as Jensen Huang drops from executive list

  46. An Ki-hyun says Korean memory makers gain HBM leverage after Jensen Huang's Nvidia exit

  47. Justin Sun says Jensen Huang's resignation is a loss for Nvidia and AI

  48. Nvidia buy orders surge after Jensen Huang exit, investors call it a bargain

  49. Nvidia China staff uneasy after Jensen Huang's resignation

  50. Nvidia approaches Arm's Rene Haas about chief executive role

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Every AI update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.