Nvidia (NVDA) Sinks to June 2025 Levels as Jensen Huang Resigns
Nvidia shares plunged 10% to $156, returning to levels last seen in June 2025, following the immediate resignation of Jensen Huang as president, chief executive officer and board member.
Chief Financial Officer Colette Kress will serve as interim CEO while the semiconductor company considers its longer-term leadership plans. Huang’s departure represents a significant change for Nvidia, whose processors have become a critical part of the global artificial intelligence industry.
The leadership transition comes amid increased scrutiny of Huang and reports that Nvidia’s directors had been evaluating his future at the company.
Investors are now assessing what the change could mean for Nvidia’s succession process, strategic direction and ability to maintain confidence across the wider AI sector. The company’s performance is closely watched because of its dominant position in AI computing and its influence on technology-related investments.
The news also drew attention from cryptocurrency traders, as sentiment surrounding AI stocks can affect risk appetite in digital asset markets. Bitcoin showed little immediate reaction, trading just below $72,500 and remaining down approximately 1.7% over the previous 24 hours.
