---
title: "QUICK SPARK: Nvidia Stock Eyes a Negative Streak Unseen Since 2012"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304885382.md"
description: "Nvidia stock faces its first six-week losing streak since 2012, falling 3.8% to $179.58. The decline is driven by an independent board probe into reports that CEO Jensen Huang was targeted by a foreign intelligence operation, despite the board's confidence in him. While Nvidia drops 25% from its record high, other chip stocks rallied, with the SOXX ETF rising 7.1%. Investors are pricing in leadership risk unrelated to chip demand."
datetime: "2026-11-09T16:25:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304885382.md)
  - [en](https://longbridge.com/en/news/304885382.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304885382.md)
generator: "portal-rs"
---

# QUICK SPARK: Nvidia Stock Eyes a Negative Streak Unseen Since 2012

Chip stocks are bouncing on Monday. Nvidia is not.

**NVIDIA Corp.** (NASDAQ:NVDA) fell 3.8% to $179.58 by mid-morning. The stock has already lost ground for five straight weeks, dropping 20.2% from $233.95 on Oct. 2 to $186.64 on Nov. 6.

If Friday’s close comes in below $186.64, Nvidia will have six straight weekly losses for the first time since October 2012. The stock now trades 25% below its Oct. 6 record close of $239.24.

The latest hit has nothing to do with chip demand. Nvidia’s board opened an independent investigation into reports that CEO **Jensen Huang** was the target of a foreign intelligence operation. The company said the board has confidence in Huang. Investors are still pricing in the risk to its leadership.

On Monday, other chipmakers rallied. The **iShares Semiconductor ETF** (NASDAQ:SOXX) rose 7.1%.

Image: Envato Elements

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## Related News & Research

- [Nvidia launches probe after report CEO Huang was target of foreign intelligence](https://longbridge.com/en/news/304768894.md)
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- [Statement from NVIDIA Board of Directors | NVDA Stock News](https://longbridge.com/en/news/304768576.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**