Should you buy Nvidia stock right now?
Detailed summary
Interim CEO Colette Kress comes out on the earnings call next week with clear guidance on how much stock Nvidia plans to buy in the current quarter under its historic new $150…
Nvidia (NVDA) ousting of legendary founder Jensen Huang was in no way on my bingo card coming into 2026. Huang's fall from C-suite grace is the most stunning I have ever seen and may ever see again in my career.
People in the tech world I have talked to are simply stunned at the out-of-the-blue turn of events. They are very angry with Jensen and, in the same breath, are worried about the lasting damage to the company he founded in 1993.
Many have wondered if they will be forced to diversify from Nvidia chips should the company lose its design prowess. That shift could bring massive changes to the supply chain feeding the AI infrastructure boom.
Some have told me the outlook for neoclouds such as CoreWeave (CRWV) is riskier in a world without Huang at the helm — the bank of Jensen was a great backstop.
Against this backdrop, of course, Nvidia's stock has tanked. The Jensen premium is evaporating, and it's hard to envision where the company will be 18 to 24 months from now in terms of its vital product roadmap.
Does the company even hold its splashy GTC events in 2027? Why bother — they have always been Jensen shows. It's probably best to cancel them so a new CEO can review the business and decide whether to bring them back in 2028.
"I mean, Jensen has been probably the most prominent CEO over the last couple of years. Or, you know, in the top couple. So I don't know what this change portends. It's just, it's change," Reddit co-founder and CEO Steve Huffman told me at Yahoo Finance Invest. "Nvidia is a very important company. So look, I am watching along with everybody else where this goes."
You are probably wondering if you should buy Nvidia stock right now. I am not going to say whether you should buy, sell, or hold it. That's not my job anymore.
But I will give you several things you want to start seeing from Nvidia before hitting the buy button on its bruised stock. Use these as guideposts — not all of them have to happen at once.
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