Nvidia announced on November 12 that its board accepted Jensen Huang’s resignation as president, CEO and director on November 11, effective immediately. CFO Colette Kress became interim CEO while remaining CFO, and Harvey C. Jones became chair. The company said it has begun a permanent CEO search. Nvidia’s SEC Form 8-K confirms the leadership changes.
The dated weekly chart
The latest completed regular-session close before the announcement was $173.73 on November 11. A separate November 12 premarket observation was more than 8% below that close and below the upper weekly YTP Zones band of $163.39–$171.71. It was captured before the regular session opened, so it is not a November 12 daily close or a completed weekly candle. Prices during the regular session may differ.
The chart marks a thin-volume area from $147.86 to $160.31 and a lower weekly band from $137.94 to $146.26 that had previously been resistance. These are indicator-defined historical areas, not proof of standing orders or a guaranteed floor. The October 6 six-month intraday high was $243.37; the earlier premarket observation was more than 35% below that different-basis high. A recovery case would need a daily retest and close above a relevant broken level. Failure to reclaim it would leave the lower band in view without predicting that price will reach it.
Nvidia's next Q3 fiscal 2027 results remain scheduled for November 17. The CEO transition changes the news basis of the earlier Nvidia Stock of the Day review and Nvidia versus AMD comparison; both retain their original completed-chart and premarket snapshots with dated updates. This article uses the announcement and a dated premarket chart, not a continuously live price.
And remember, this is market research only, not a recommendation to buy or sell.