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Nvidia's market cap drops ~$1T after CEO Jensen Huang resigns; Tim Cook suggested as successor.

Market News
13 Nov 2026, 15:30 WIB
Seeking Alpha
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Bullish
Nvidia's market cap drops ~$1T after CEO Jensen Huang resigns; Tim Cook suggested as successor.

Nvidia Corporation's market value fell by about $1 trillion following the unexpected resignation of CEO Jensen Huang, which ended the so-called "Huang premium." The stock now reflects a modest 12.7% annual earnings growth over five years, despite strong company fundamentals and demand. Former Apple CEO Tim Cook has been proposed as an ideal replacement due to his supply chain expertise and ability to rebuild investor confidence. This situation presents a potential buying opportunity at current stock levels for long-term investors.

As of Nov 13, 2026 20:42 WIB, Nvidia's stock on Pluang trades at USD 169.65, showing a 1-day gain of 2.08%. Despite the recent CEO resignation and market value drop, investor interest remains strong with 84% of Pluang orders to buy. The company holds a market cap of $4.01 trillion, highlighting its significant presence in the technology sector.

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