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Nvidia shares drop amid CEO scandal and technical risks, threatening a deeper correction.

Technical Signals
11 Nov 2026, 12:51 WIB
Finbold
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Bearish
Nvidia shares drop amid CEO scandal and technical risks, threatening a deeper correction.

Nvidia shares fell sharply after CEO Jensen Huang's affair with a woman linked to Chinese intelligence was revealed, raising concerns about leadership and China exposure. The stock dropped below key technical support at its weekly 100-period moving average for the first time since April 2025, signaling a potential deeper correction toward $130-$135. However, analysts see this as a technical pullback rather than a long-term trend reversal, with Nvidia's upcoming earnings report on November 17 closely watched for signs of AI chip demand amid US-China tensions.

As of Nov 11, 2026 18:02 WIB, Nvidia shares on Pluang are trading at USD 177.43, showing a 1-day gain of 5.12%. Despite the recent controversy surrounding CEO Jensen Huang, the stock sees more buying interest with 64% of order activity on Pluang being buys. The market cap stands at $4.08 trillion, highlighting Nvidia's significant presence in the technology sector.

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