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Jensen Huang has left his position as Nvidia CEO, and this time, the AI market has really been shaken!
Over the past few years, Jensen Huang has practically been synonymous with the AI industry. He puts on his black leather jacket, a GPU makes its debut, and the market starts calculating the next trillion-dollar story. Now that this AI godfather has suddenly left, investors’ first reaction wasn’t to applaud, but to hurry up and check their stock accounts.
On November 12, Nvidia shares closed down about 4.3%, with its market value evaporating by about $182 billion intraday. That figure is enough to make plenty of investors question their lives: We were celebrating the AI revolution just yesterday, so how are we already in group therapy for tech-stock investors today?
But what really matters isn’t how much the stock fell in one day, but whether Nvidia can maintain its previous pace of growth.
GPU demand won’t disappear just because the CEO changes, and AI data centers won’t suddenly shut down. The real question is whether the technical roadmap, customer relationships, and business ecosystem Huang leaves behind can be smoothly carried forward by the new management.
In the short term, the market may remain volatile; in the long term, Nvidia needs to prove through its performance that it isn’t a company sustained solely by its founder’s halo.
The AI revolution is still underway; the market has just suddenly realized that the person at the helm matters, too!
$NVDA