To The Moon

$NVIDIA(NVDA)$  

Just when Nvidia shareholders thought the selling might be easing, another bombshell arrived.

November 11 regular close:

$173.73.

Up:

2.87%.

Then came reports that Nvidia's board was preparing to decide Jensen Huang's future.

And the stock plunged more than:

8% AFTER HOURS AT ONE POINT.

Overnight indications subsequently hovered around:

$161.

Think about that.

Nvidia is approaching its November 17 earnings with extraordinary AI demand.

Yet investors are suddenly asking a question almost unimaginable a few weeks ago.

WHAT IS NVIDIA WORTH WITHOUT JENSEN HUANG?

I think this is now the most important question affecting the stock.

And I have a prediction for the next few sessions.

🚨 FIRST, WHAT HAS ACTUALLY HAPPENED?

The New York Times reported another alleged relationship involving Huang, this time with an Nvidia executive reporting to him.

Reuters confirmed that Nvidia's board was meeting to consider whether to remove him.

But there are important distinctions.

The new relationship allegation has not been independently verified by Reuters.

And a board discussion is NOT confirmation of dismissal.

Nvidia's November 8 statement said the board had confidence in Huang while launching an independent investigation into a possible foreign-intelligence targeting effort.

Since then, the situation has escalated considerably.

Here's why I think investors are right to take the governance issues seriously.

A relationship involving someone in a direct reporting line raises potential questions about conflicts of interest, power dynamics and corporate oversight.

An alleged foreign-intelligence connection raises additional security concerns.

But I would not assume that either allegation automatically establishes a legal violation or compromise of company secrets.

FACTS MATTER.

SO DOES CORPORATE GOVERNANCE.

The investment risk is not simply the CEO's personal reputation.

It is whether investors can trust Nvidia's leadership structure, internal controls and succession planning.

🧠 THE NUMBER I AM WATCHING ISN'T AN EARNINGS NUMBER

It is:

3.6%.

That's approximately Jensen Huang's ownership in Nvidia.

He is enormously influential.

But he does not own a controlling majority.

Under Nvidia's bylaws, its directors can remove the CEO by majority vote.

And Reuters reports that Nvidia has no obvious successor.

That creates an uncomfortable situation.

A board may determine that leadership change is necessary.

But the transition itself could introduce tremendous uncertainty.

Huang has been central to Nvidia's technology strategy, customer relationships and investor confidence.

If he leaves suddenly?

The immediate challenge may not be a collapse in GPU demand.

It may be:

WHO CAN CARRY HIS ROADMAP FORWARD?

That is what I believe Wall Street is repricing.

🔥 BUT LET'S NOT FORGET NVIDIA'S BUSINESS

Nvidia's latest reported quarterly revenue:

$96.2 BILLION.

Up:

106% YoY.

Data-centre revenue:

$89 BILLION.

Up:

117%.

Management's guidance for the next quarter:

$108 BILLION ±2%.

Expected gross margin:

74%.

Those numbers are extraordinary.

And the November 17 earnings report remains a major catalyst.

An investigation doesn't automatically cancel orders for Nvidia's GPUs.

Its software ecosystem, technology, engineering teams and customer demand are not dependent on one individual's personal life.

But here's the crucial distinction.

NVIDIA CAN REMAIN A GREAT BUSINESS AND STILL SUFFER A MAJOR VALUATION RESET.

If investors previously assigned a premium to Huang's visionary leadership, they may now demand a discount for succession and governance uncertainty.

This is the:

FOUNDER PREMIUM VERSUS GOVERNANCE DISCOUNT.

And I think it explains why Nvidia is falling so sharply despite strong fundamentals.

📍 MY NVIDIA TRADING MAP

Reference: November 11 close at $173.73, followed by overnight trading around $161.

$155–$162: IMMEDIATE STABILISATION WATCH

I want to see whether buyers emerge consistently in this region.

But overnight trading does not establish reliable support.

$165–$169: FIRST RECOVERY TEST

A sustained reclaim would suggest the immediate panic is easing.

$173–$175: IMPORTANT RECLAIM ZONE

This would bring Nvidia back toward its November 11 regular-session closing level.

$180–$186: STRONGER RECOVERY

This becomes more realistic if investors receive credible leadership reassurance.

BELOW $155: DOWNSIDE RISK INCREASES

I would watch for selling toward $145–$150.

These are trading reference zones, not guaranteed support or price targets.

🔮 MY NVIDIA PREDICTION: NOVEMBER 12–13

My subjective scenarios for the next two US trading sessions.

🟢 BULL CASE: 25%

The board publicly backs Huang with credible oversight measures, or announces a reassuring leadership plan.

The market refocuses on earnings.

Nvidia reclaims $169, then $175.

Potential recovery:

$175–$185.

A positive announcement could produce a sharp short-covering rally.

🟡 BASE CASE: 45%

MY MOST LIKELY SCENARIO.

Leadership uncertainty continues.

There are relief rallies, but sellers remain active.

The market waits for official board communication and November 17 earnings.

Expected working range:

$155–$175.

I expect volatility rather than an immediate V-shaped recovery.

🔴 BEAR CASE: 30%

The board announces Huang's removal without a convincing transition plan.

Or the investigation reveals additional material concerns.

Investors reduce their exposure further.

Potential downside:

$140–$155.

Even a clear succession announcement could initially trigger selling before the market begins reassessing the business.

An unusually significant announcement could push the price outside all these ranges.

🎯 SO WOULD I BUY OR SELL?

For someone not currently holding Nvidia?

I would not rush to deploy a large position simply because it has fallen.

The uncertainty is unusually high, and a major governance announcement can overwhelm technical levels.

My preference is to wait for either credible board clarity or sustained price stabilisation.

For existing shareholders?

I would separate the business thesis from position size.

If Nvidia represents an uncomfortable proportion of the portfolio, reducing concentration may make sense regardless of whether the share price eventually rebounds.

But I also wouldn't automatically liquidate an entire long-term position solely because of unverified allegations.

I'd examine the board's findings, the succession arrangements and whether the business outlook has changed.

And for short-term traders?

I would be particularly cautious with leverage and options.

A sudden announcement could move the stock sharply in either direction.

🔥 MY CALL: THE REAL NVIDIA TEST IS NO LONGER JUST $108 BILLION IN REVENUE

I believe Nvidia remains extraordinarily important to the AI ecosystem.

Its technological advantage hasn't vanished overnight.

But the market has discovered an uncomfortable concentration risk.

TOO MUCH CONFIDENCE MAY HAVE BEEN ATTACHED TO ONE PERSON.

If Huang stays, investors will want confidence that the board's investigation was independent and thorough.

If he leaves, investors will want evidence that Nvidia's strategy and execution can continue without him.

Either outcome requires credible governance.

For the next two sessions?

MY BASE CASE: $155–$175.

Above $175 with reassurance?

The recovery becomes more interesting.

Below $155?

I become more defensive.

And heading into November 17 earnings, I would remember one thing.

STRONG EARNINGS CAN SUPPORT A STOCK.

BUT THEY CANNOT REPLACE INVESTOR TRUST.

For shareholders sitting on painful losses, I understand why the temptation is either to sell everything or buy aggressively to recover faster.

But neither extreme automatically gives us the best outcome.

I want to make the next decision based on new evidence, not just the losses already incurred.

NVIDIA'S AI BUSINESS MAY STILL BE EXCEPTIONAL.

ITS LEADERSHIP RISK IS NOW EXCEPTIONAL TOO.

And until the board gives investors clarity?

I WOULD RATHER PROTECT CAPITAL THAN GUESS THE NEXT HEADLINE.

I am not a financial advisor. Trade wisely, Comrades!

Would you buy NVDA around $160, wait for the board's decision, or reduce exposure until the leadership uncertainty clears?

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