Nvidia (NVDA) saga continues to unfold in real time.
An "end to an era", most people are coining it, we have seen these sagas all before, Arnold Schwarzenegger, then, as Mayor of California, also cheated his wife, Maria Shriver, with the housemaid, no less.
Micron (MU), Apple (AAPL) and other Technology stocks seem to be buoying on the fact that Nvidia stock is trading out and they are benefiting from more stock buyers for their stock, instead.
On the faithful evening of November 12, 2026, Beijing time, a night destined to be written into the history of technology unfolded.
Thirty-three years ago, an Asian face founded a chip company in a Silicon Valley garage. Thirty-three years later, he personally propelled that company to the pinnacle of global market capitalization. Then, on an ordinary Thursday morning, he was ousted by his own board of directors — NVIDIA founder Jensen Huang officially resigned as CEO.
The moment the news broke, the tech world, Wall Street, and Washington — almost everyone stopped what they were doing and began debating the same question: Was this NVIDIA saving itself, or was it an irreversible historic mistake?
Some say this marks the end of an era
Jensen Huang biographer Stephen Witt voiced what many were thinking on CNBC: "Jensen Huang is NVIDIA. It's like the Bulls without Jordan. I don't know how they replace this person."
He also shared a detail: Jensen Huang could draw from memory an exploded diagram of every single component in NVIDIA's equipment — "This kind of person, I don't know how they replace him."
Shopify founder and CEO Tobi Lütke called the CEO transition a "generational blunder." He warned that NVIDIA could become a poor imitation of the company Jensen Huang created: "No one can replace a founder like Jensen Huang."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
