Dan Ives: NVIDIA Market Cap Could Drop 25% to 30% If Jensen Huang Is Replaced

Shenchao TechFlow news, Nov. 11, according to Business Insider and Benzinga, Yorkville Ives Senior Managing Director Dan Ives said in his latest investor report that if Jensen Huang is removed as NVIDIA CEO, the value of NVIDIA as a company and its stock would shrink significantly by 25% to 30%, and would change the company's future direction, as well as the AI GPU competitive landscape in the U.S. and globally, especially in China. Ives said that Jensen Huang's alleged extramarital affair with a suspected Chinese spy was a 'moment of shame' for NVIDIA. He cited Wall Street estimates that the probability of Huang being removed by the board is about 15%, and that a board investigation could take 4 to 6 weeks, during which the stock price would face noticeable pressure. Ives said, 'Jensen Huang is the core DNA of NVIDIA, and he is irreplaceable.' No one in the current management team can seamlessly succeed as CEO, highlighting NVIDIA's key-person risk. He maintained an 'Outperform' rating on NVIDIA with a $300 price target, provided that Huang remains in his role.

Source: Shenchao TechFlow