Named in the story: CEO Jensen Huang has resigned and the shares fell sharply at the open on the news. · Technology
Nvidia is the company named in the story, whose chief executive has resigned. Its close was $173.73 on November 11 and $161.46 on November 12, down 7.06% between the two closes, a coincidence in time rather than a proven cause. Its next earnings are due on November 17 after the close, with estimated EPS of 2.49.
Price between closes
$173.73 → $161.46Close of November 11 and November 12
Fair value (ATLAS)
$157.25Fair range: $115.15 to $214.75The price ($161.46) is 2.7% above that figure: close to its fair value.
Chance of a rise in 1 month
48%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $146.35 and $175.97; 9 in 10, between $124.29 and $207.20.
Manufactures advanced AI chips for Nvidia, so is exposed to any change in Nvidia's leadership and outlook. · Technology
Taiwan Semiconductor Manufacturing manufactures advanced AI chips for Nvidia; it is included for its activity in the sector, not because the event affects it. Its close was $413.35 on November 11 and $405.67 on November 12, down 1.86% between the two closes.
Price between closes
$413.35 → $405.67Close of November 11 and November 12
Fair value (ATLAS)
$221.27Fair range: $154.17 to $344.14The price ($405.67) is 83.3% above that figure.
Chance of a rise in 1 month
48%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $366.32 and $443.10; 9 in 10, between $309.46 and $524.52.
Recent results (EPS)
Oct 154.60 actual vs 4.45 est.Beat expectations
Jul 164.31 actual vs 3.89 est.Beat expectations
May 110.52 actual vs 0.41 est.Beat expectations
Apr 163.49 actual vs 3.33 est.Beat expectations
Dividend
0.84% dividend yieldNext ex-dividend date: December 10, 2026 · 3.42 $ over the last 12 months
Nasdaq-100 between the same closes (November 11 and November 12): 28,374.25 → 28,258.38 points, −0.41%.
S&P 500 between the same closes (November 11 and November 12): 7,619.38 → 7,599.69 points, −0.26%.
What happened
Nvidia's board announced that Jensen Huang has resigned as president, chief executive and board member, effective immediately, with chief financial officer Colette Kress serving as interim CEO [3]. Nvidia shares fell at the US open on the news, and the company's closes on 11 and 12 November are set out below [2].
Nvidia's board said Jensen Huang resigned as President, Chief Executive Officer and a member of the Board, effective immediately. Colette Kress, Executive Vice President and Chief Financial Officer, has agreed to serve as Interim CEO and will keep her finance role until a permanent successor is named [3].
The board is starting a search for a permanent chief executive and will consider internal and external candidates. It also appointed Harvey C. Jones as its first-ever Chair of the Board [3].
Euronews reports that the board met late on Wednesday US time to consider removing Huang, following reports of two extramarital affairs, including one with a woman US authorities suspect of spying for China [2]. The BBC says Huang admitted an affair on Sunday and that the New York Times reported a second one [1].
Both the BBC and Euronews report that shares fell more than 13% at the open on Thursday [1][2]. Euronews adds that they pared some losses shortly after the open and were down 7% [2].
What ATLAS data show
ATLAS model estimates put Nvidia's fair value at $157.25, within a range of $115.15 to $214.75. The November 12 close of $161.46 is 2.68% above that estimate. For Taiwan Semiconductor Manufacturing, the estimate is $221.27 (range $154.17 to $344.14), and its price is 83.33% above that value. These are model estimates, not promises about future prices.
Two closes falling over the same period do not show that one event caused the other. The figures come from closing prices and may change as new data arrive.
What you get with ATLAS
Fair value of each company, with its range, against today's price.
Chance of a rise in 1 month and the normal price range, from a calibrated model.
Earnings: next date, estimated EPS and surprise history.
Dividends and alerts by email when a company reports.
She is Nvidia's Executive Vice President and Chief Financial Officer, in the role since joining in September 2013. She will serve as interim CEO while keeping her finance role [3].
Who will be Nvidia's permanent CEO?
This has not been decided. The board is starting a search and will consider internal and external candidates [3].
How did Nvidia's share price move?
Its close was $173.73 on November 11 and $161.46 on November 12, down 7.06%. Sources report a fall of more than 13% at the open [1][2].
Closing prices, fair value, probabilities, earnings and dividends: ATLAS own data as of November 13, 2026. How we calculate fair value.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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