Jensen Huang resigned as chief executive of Nvidia on 12 November and left the board with immediate effect, after weeks of reports about his personal relationships that raised national security questions. CFO Colette Kress becomes interim chief executive while retaining the finance role, and former Synopsys chief executive Harvey Jones becomes the company's first ever board chair.

The leadership crisis had already pushed the stock to eight month lows, and lawmakers say their questions about China chip sales (scrutiny of exports of high-end semiconductors to Chinese buyers) are not going away.

What happens to the numbers now?

The business itself is a separate question, and the answer arrives in days. Nvidia reports Q3 FY27 (the company's fiscal third quarter) on Tuesday 17 November after the market close.

The figures at stake:

• Guidance: $108bn revenue, plus or minus 2%
• Gross margin guide: 74%
• Consensus estimates: around $108.8bn revenue and $2.47 EPS (earnings per share)

The bigger risk sits in the outlook. Nvidia has already warned that Q4 gross margin will dip on higher memory costs. In the company's favour, the board added $150bn to the buyback in September, leaving $235bn authorised through fiscal 2028.

What did the chart do on the news?

NVDA has fallen from 243 in October. On 12 November the stock flushed as low as 148.80, then closed at 166.19, back above the 162 to 168 area that held the March and April lows.

That long lower wick — the thin tail beneath a candlestick's body showing how far price fell before recovering — signals to chart watchers that buyers stepped in hard, on news this bad. Overhead, the 190 to 195 zone was support all summer and is now resistance, with an open gap (an unfilled jump between one session's close and the next session's open) inside it.

How is one trader planning it?

TradingView analyst Dillon_dunn laid out a conditional plan rather than a pre-earnings bet. "I am not buying before earnings with a brand new CEO," the analyst wrote.

The plan in full:

• Entry condition: price holds above 160 through the report, then closes one day above 180
• Buy zone: dips toward 172 to 175
• Invalidation: a daily close below 160
• Targets: 192 first, then 205

What would change the thesis?

A post earnings close below 160 means the 12 November wick failed, in the analyst's framework. "In that case I expect a retest of 148.80 and I stay out," Dillon_dunn wrote.

The analysis is the author's own and not financial advice. Single stocks can gap hard (jump sharply at the open beyond the prior close) on earnings, so position risk management remains the operative discipline.

For Nvidia's new leadership, the technicals matter less than the arithmetic of 17 November. A $108.8bn revenue print and the tone of Q4 margin guidance will set the first benchmark of the Kress interim era, with $235bn of buyback authority as the board's stated buffer underneath the stock.