NVIDIA Watch posted an update
Nvidia shares closed Wednesday at $173.73, up about 2.9%, then fell more than 8% in extended trading after reports that the board was considering removing chief executive Jensen Huang, Invezz says.
Why it mattersThe article puts the stock near 11.6 times forward earnings and cites data-centre revenue of about $89bn, up 117% year on year. Those figures frame the tension: strong reported AI demand on one side, uncertainty about leadership and the next earnings report on the other. That is a useful snapshot of the market’s reaction, not a verdict on Nvidia’s prospects. The next earnings report is scheduled for 17 November, when investors will have more than after-hours nerves to work with.
Discuss: Does Nvidia’s sharp after-hours fall look like a short-lived reaction to leadership uncertainty, or a warning that investors are rethinking the company’s risks?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.