---
title: "BUZZ-Nvidia heads for longest weekly losing streak since 2012 as Jensen exit rattles AI trade"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/305444024.md"
datetime: "2026-11-13T09:51:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/305444024.md)
  - [en](https://longbridge.com/en/news/305444024.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/305444024.md)
generator: "portal-rs"
---

# BUZZ-Nvidia heads for longest weekly losing streak since 2012 as Jensen exit rattles AI trade

Shares of chip giant Nvidia (NVDA.O) gain 1.2% to $168.2 premarket at the end of a tumultuous week

Jensen Huang stepped down as CEO on Thursday after revelations of extramarital affairs, including one involving a suspected Chinese spy; CFO Colette Kress will take over as interim CEO

NVDA stock set for a sixth straight weekly decline, a streak last seen in October 2012; shares down almost 11% this week through Thursday’s close

Close to $1.4 trln has evaporated from the company’s market value since its record high close on October 6, briefly tipping below the $4 trillion level intraday on Thursday

At least seven brokerages have downgraded their rating on the stock this week and several have reduced their price targets

As of last close, NVDA down 10.9% YTD, the second-worst performer among “Magnificent 7” stocks, only behind Tesla (TSLA.O)

NVDA will report Q3 earnings next week

Retail investors aggressively bought the dip, lapping up a net $1.6 bln worth of NVDA shares till Thursday’s close; set for biggest weekly move since March 2025 — Vanda data

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## Related News & Research

- [Keep Jensen Huang at Nvidia - but end the one-man show](https://longbridge.com/en/news/305166683.md)
- [Nvidia's Asian supply chain prepares for life after Huang](https://longbridge.com/en/news/305276322.md)
- [Has Nvidia flown too close to the sun? One analyst warns of major scrutiny ahead.](https://longbridge.com/en/news/305198746.md)
- [Jensen Huang exit, US scrutiny imperil US$3 billion in Chinese AI projects reliant on Nvidia](https://longbridge.com/en/news/305444929.md)
- [Nvidia-backed AI cloud firm Nscale considers delaying $35 billion listing, the Telegraph reports](https://longbridge.com/en/news/305061228.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**