Nvidia's stock plunged about 30% following allegations involving CEO Jensen Huang and a Chinese espionage investigation. This sharp decline pushed the stock into oversold territory, with technical indicators like the RSI hitting extreme lows, despite no change in the company's core fundamentals. An ETF called NVDY, which uses a strategy to generate weekly income from Nvidia's options volatility, is rated a "Buy" as it offers a conservative way to benefit from the stock's current undervaluation. The situation highlights a market overreaction to news rather than a fundamental business issue.
Despite the recent sharp drop in Nvidia's stock due to external allegations, the company’s shares have rebounded with a 3.18% gain on the day. On Pluang, Nvidia trades at USD 174.16 as of Nov 11, 2026 15:41 WIB, with a market cap of $4.31 trillion. Investor interest remains strong, reflected in a 64% buy order activity on the platform.
Northwestern Polytechnical University, a Chinese institution with military ties and on the US export blacklist, purchased Nvidia's advanced H200 AI chips last month through domestic suppliers, circumventing US export controls. This raises concerns ab...
NVIDIA is under investigation following allegations that CEO Jensen Huang had an affair with a suspected Chinese spy linked to a company involved in evading export controls. This has raised national security concerns and led to accusations that NVIDI...
Alibaba announced plans to spin off its semiconductor subsidiary T-Head through a public offering on the Hong Kong Stock Exchange, pending regulatory approval. The company confidentially filed for the listing on September 11 but has not disclosed the...
Jim Cramer advises investors not to be driven out of the stock market by recent negative news, including a hotter-than-expected inflation report and Nvidia's CEO scandal. He highlights potential positive catalysts such as falling oil prices due to ho...
CoreWeave reported a 168% increase in revenue to $3.66 billion for Q3, beating expectations amid a challenging AI infrastructure market. Despite a net loss of $709 million, the company raised its 2026 revenue and operating income forecasts, signaling...
