November 13 – NVIDIA (NVDA.O) shares have fallen sharply in recent sessions, with its forward price-to-earnings ratio dropping to around 12, the lowest since 2012. Following Jensen Huang's resignation, the stock fell more than 4% on Thursday and roughly 11% for the week, now more than 30% below its all-time high set on October 6. Beyond management changes, the market is also concerned that AI data center construction could slow. Chief Financial Officer Colette Kress is currently serving as interim CEO while the company searches for a permanent successor. Analysts remain bullish on NVIDIA's earnings growth, expecting chip demand to continue outpacing supply. The market anticipates 92% year-over-year revenue growth for the October quarter, with net profit exceeding $60 billion, up 89% year over year. The company reports earnings next Tuesday, and investors will be closely watching Kress's forward guidance—which may draw more attention than the earnings results themselves.
