Experts Weigh in on Whether Nvidia’s Stock Worth Buying After Jensen Huang’s Exit

Nvidia's leadership crisis has led investors to ask whether the stock's selloff is a buying opportunity and whether Jensen Huang's departure justifies a lasting discount on the company that helped power the artificial intelligence boom.

Nvidia announced Thursday that Huang had resigned as president, CEO and a director, effective immediately. Finance chief Colette Kress will serve as interim CEO while the board considers internal and external successors. Shares fell more than 12% in early trading.

The investment debate centers on whether Nvidia's existing business can keep delivering without the founder whose judgment helped shape its dominance. Shay Boloor, chief market strategist at technology research firm Futurum, argued that customers' computing needs would survive the leadership change.

"You're going to get a lot of AI [fear, uncertainty, and doubt] today with Jensen's resignation but just remember that Meta, Amazon, Google, SpaceX, and Microsoft aren't suddenly going to stop building capacity, enterprises aren't going to abandon AI adoption and inference workloads aren't going to disappear because NVIDIA has a new CEO."

Boloor's argument separates an immediate leadership shock from demand for the infrastructure needed to develop and run AI. "Jensen wasn't simply Nvidia's CEO but the person who has consistently identified where computing is going before customers even realize they need those tech and replacing that strategic vision at a company built around ~60 direct reports and no obvious second-in-command is an enormous challenge."

Investors buying future earnings are also making assumptions about Nvidia's ability to anticipate new markets, defend its competitive position and maintain customer relationships. Ryan Zurrer, founder and director of investment firm Dialectic, sees the selloff as an opportunity. "You're buying this thing at 10 times forward-looking earnings for a company that, for all intents and purposes, seems irreplicable in the global AI infrastructure base."

Forward earnings depend on forecasts, the period used and the share price. A lower multiple offers less protection if earnings expectations subsequently fall. Zurrer nevertheless framed the leadership-related decline in emphatically bullish terms.

"This idea that it's going to write down, or it did write down, on the chance that key man risk is triggered and Jensen is shown the door is the most obvious buying opportunity in the market."

Lior Prosor, managing partner at deep-tech venture capital and private equity fund Deep33, offered a more cautious assessment of how quickly that opportunity might reward investors. "We certainly believe NVIDIA without Jensen is not the same NVIDIA. That said, this is an exceptionally well-run organization with extraordinary engineering depth, a deeply entrenched ecosystem, and demand for its products that continues to significantly outpace supply. None of those fundamentals have changed."

Prosor also flagged employee compensation, arguing that falling shares could complicate retention in a competitive industry. "In the short term, we expect the market to remain jittery. Investors will want clarity on permanent leadership and several quarters of evidence that NVIDIA continues to execute against its roadmap and delivery expectations."

"Until then, even if the stock looks increasingly cheap on fundamentals, it may take time before buying that discount becomes an easy trade." Nvidia's next scheduled earnings report, on Nov. 17, provides an immediate checkpoint for assessing execution and management's outlook.