Nov. 14 (CandyPulse) — Nvidia has now fallen for six weeks in a row, its longest losing streak since 2012. The world's most important chipmaker dropped another 2% on Friday as investors kept selling after CEO Jensen Huang's sudden exit.
Key takeaways
| Item | Reading |
|---|---|
| Nvidia, Friday | −2.01% |
| Nvidia, week | About −12.75% (one report says 13%) |
| Weekly losing streak | Six weeks, longest since 2012 |
| Market value | Below $4 trillion, first time since July 2025 |
| Value lost in the slide | About $1.7 trillion, per CNBC |
| Nasdaq Composite, Friday | −0.91% to 25,135.96 |
| S&P 500 / Dow, Friday | About −0.4% / about +0.1% |
The slide began before this week, as worries about the cost and payoff of AI spending grew. Then came two shocks in a few days: the board's investigation into allegations involving the CEO, followed on Thursday by Jensen Huang's resignation after 33 years in charge.
CFO Colette Kress is interim CEO while the board searches for a successor. The Financial Times reports the board has approached the chief executive of chip designer Arm as a possible candidate; Nvidia hasn't confirmed any names.
Nvidia is one of the largest companies in the world, so its fall alone pulls major indexes down. That's why the tech-heavy Nasdaq dropped on Friday while the Dow, which holds more old-economy companies, edged up.
It also drags its neighbours. AI infrastructure stocks such as CoreWeave were hit hard this week because their businesses depend on Nvidia's chips.
Tech and crypto have fallen together. The week Nvidia lost nearly 13%, Bitcoin broke below $70,000 and Bitcoin ETFs saw $1.44 billion of outflows. When big investors cut risk, they tend to cut it everywhere. A steadier Nvidia would likely help sentiment across both.
Nov. 17 is the date. Kress will lead Nvidia's earnings call for the first time as interim CEO, and investors want two things: strong numbers, and a clear plan for the CEO search. A good call could end the losing streak; a shaky one could extend it to seven.
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Disclaimer: This article is for information only and is not financial advice. Market figures move quickly and different data providers can show slightly different numbers. Always do your own research before making any investment decision.
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