NVIDIA's stock price has fallen for six consecutive weeks, setting a new record for the longest consecutive decline since 2012.
2026-11-15 07:46:39
According to CoinMeta, and as reported by GlonHub, after Jensen Huang was removed from his position, NVIDIA's stock price fell another 2% on the 13th local time, closing at $162.85 per share. The stock experienced a significant drop of 13% for the week, marking the largest single-week decline in over 18 months, with the company's market value evaporating by more than $570 billion. NVIDIA has seen six consecutive weeks of declining stock prices, setting a new record for the longest streak of declines since 2012. Since reaching a historical high at the beginning of October, NVIDIA's stock price has been on a downward trend, and investors are concerned about whether the company's infrastructure spending will be able to continue. Following the U.S. mid-term elections, several candidates who promised to limit the rapid expansion of data centers were elected, further increasing market skepticism. Rumors about Jensen Huang's extramarital affairs added to the selling pressure. NVIDIA's board of directors has removed Jensen Huang, and Colette Kress has taken over temporarily. Recently, a petition campaign titled "Jensen Huang" has circulated online, calling for the NVIDIA board of directors to reinstate Jensen Huang in his position. As of the time of writing, this campaign has collected over 56,000 signatures.
Source:Internet
This content is for market information only and does not constitute investment advice.
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