- NVDA
- AMD
- AVGO
Investing.com– NVIDIA (NVDA) fell 7.8% in after hours trade on Wednesday following a report that the board is preparing to oust CEO Jensen Huang. Read more
Shares of AMD and Broadcom rose in response, with the two being viewed as potential beneficiaries of a prolonged governance crisis at what is arguably their biggest rival.
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The allegations: Huang admitted an affair with an executive at Megaspeed, a Singapore data-center company that is a large Nvidia customer. US intelligence reportedly suspects her of being a Chinese intelligence asset. Read more (Nov 10, 2026)
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The probes: The board has opened an investigation, and Trump said the FBI is looking into it. Nvidia says it has “no reason to believe” secrets were compromised.
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The damage: Over two sessions, about $427B of market value was erased. Baird downgraded the stock to neutral. Morgan Stanley dropped it from its Top Pick list, and BofA removed it from its U.S. 1 List. Read more (Nov 11, 2026)
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Key-man risk: There is no succession plan. Yorkville’s Dan Ives values Nvidia at $300 with Huang and $225 without. Read more
Three Snapshots
NVIDIA (NVDA): $173.73 (Market Cap: $4.20T) || 1M -23.2% || Fair value $261.16 (+50.3%) || Analyst target upside +82.2%
AMD (AMD): $552.90 (Market Cap: $906.8B) || 1W +36.7%, YTD +152.6% || Fair value $420.48 (-23.9%) || Analyst target upside +18.9%
Broadcom (AVGO): $345.22 (Market Cap: $1.65T) || 1W +18.4%, YTD -2.1% || Fair value $419.68 (+21.6%) || Analyst target upside +54.5%
Prices are the Nov 11 close. Fair value and analyst targets are as of Nov 11–12, 2026.
Valuation
These are computed as the Nov 11 close divided by next-fiscal-year consensus EPS:
Where Each One Stands
Nvidia is cheap on paper, and that is the tension. Revenue grew 65.5% last fiscal year to $215.94B, with a 71.1% gross margin. Next quarter’s consensus is $108.8B in revenue and $2.47 EPS, ahead of the Nov 17 report. It beat on both lines in its last two quarters. Estimates were not cut, with EPS revisions at +5.2% over 90 days. The discount reflects governance and China risk, not weaker fundamentals. Wells Fargo still expects a revenue beat. The risk is that a CEO exit or new China export controls hit a stock already down 23% in a month.
