ARK Invest, led by Cathie Wood, purchased 90,443 Nvidia shares on November 9, 2026, following news of an independent investigation into CEO Jensen Huang's personal conduct. Despite Nvidia's stock dropping 4.27% that day, ARK added to its existing position, reflecting confidence in the company's strong revenue growth and future prospects. Nvidia's fiscal Q2 revenue rose over 105% year-over-year, and the company forecasts continued growth. The purchase was funded by selling shares in other tech and AI companies. Nvidia's next earnings report on November 17 will be closely watched to assess business stability amid the controversy.
Following Cathie Wood's purchase of Nvidia shares amid CEO Jensen Huang's investigation, Nvidia's stock on Pluang shows a notable decline, trading at USD 167.06 with a 6.50% drop as of November 10, 2026, 23:51 WIB. Despite this, the market shows a balanced interest with 55% of orders to buy and 45% to sell. Nvidia's market cap stands at $4.31 trillion, reflecting its significant presence in the technology sector.
Taiwan Semiconductor Manufacturing Company (TSMC) is projected to gain nearly 27% upside with a price target of $515.81, driven by strong demand from Nvidia and other chipmakers. Despite a recent price pullback, TSMC reported better-than-expected Q3 ...
The probability that Nvidia CEO Jensen Huang will resign or be removed has risen to 18% by year-end and 23% by March 2027, following a scandal involving suspected AI chip smuggling linked to Megaspeed International, where Huang's partner was an execu...
House Democratic leader Hakeem Jeffries supports adding restrictions on U.S. chip sales to China in the National Defense Authorization Act following a spy scandal involving Nvidia. The Senate bill includes measures for congressional review of AI chip...
Anthropic is moving forward with its IPO, planning to offer 825 million Class A shares priced between $70 and $78 each, potentially raising $57.75 billion to $64.35 billion. The company could reach a valuation of $1.404 trillion if shares price at th...
Nvidia is encountering growing competitive threats from hyperscalers and AI labs developing their own chips, which challenges its traditional market advantage. Despite recent negative sentiment and concerns related to China, Nvidia's stock trades at ...
