Jensen Huang’s Nvidia exit erased US$182 billion in one session
“The stock is now pricing in a leadership discount, as the Jensen premium evaporates,” Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, told CNBC.
Jeremiah Buckley, an equities portfolio manager at Janus Henderson, offered the opposite read on CNBC’s Squawk on the Street, saying that “given where the stock is, that this could be a clearing event for the company,” with visibility for 2027 high and the product roadmap solidified through 2028.
Retail traders bought a net US$111m of Nvidia shares in the first 30 minutes of Thursday’s session, more than 40 times a normal open and the largest opening bid Vanda Research has recorded, CNBC reported.
Nvidia accounted for 61 percent of all retail net buying this week.
Nvidia’s board hired law firm Wachtell Lipton on Tuesday, to investigate intelligence allegations surrounding Huang, CNBC reported.
