Nvidia investors face new risks after CEO resignation and export concerns

cnbc.com —

Nvidia shares fell sharply this week after CEO Jensen Huang resigned amid reports of extramarital affairs, marking the stock's worst weekly performance since April 2025 and prompting analyst downgrades. Truist downgraded Nvidia to hold, citing risks beyond the leadership change. The analyst slashed the price target to $174 from $346, noting potential cultural impairment and allegations that GPUs may have been shipped to Chinese entities, challenging future revenue. Bloomberg reported a company linked to an alleged spy had obtained smuggled AI chips for a Shanghai data center. The scandal could revive U.S. efforts to curb semiconductor exports to China ahead of a Trump-Xi summit next week, with JPMorgan warning of stricter oversight when Congress convenes in January.


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