Nvidia stock outlook: Can shares recover as CEO investigation clouds growth?

Nvidia shares fell 5.5% on November 10 to $168.47, erasing billions in market value amid an independent investigation into CEO Jensen Huang, raising investor concerns about his potential departure and its impact on the company's AI growth prospects. The stock has dropped about 18% this month, with analysts warning a Huang exit could trigger a 25-30% valuation haircut due to his central role in Nvidia's strategy and lack of an obvious successor. The board, however, stated no national security or trade secret compromise has been found and expressed confidence in Huang. Nvidia's upcoming November 17 earnings report may serve as a catalyst, with investors watching AI chip demand and investigation updates. Ark Investment Management bought over 90,000 shares on Monday, signaling some see the sell-off as a buying opportunity despite leadership uncertainty.