By Priya Raman

Nvidia’s 33-year founder era ended with Jensen Huang’s departure as chief executive and exit from the board, handing interim control to Colette Kress as the company forecast $108 billion in third-quarter revenue.

The immediate test is whether Kress can preserve Nvidia’s commercial momentum without Huang’s personal strategic authority. The latest operating numbers give her a strong base: data-center revenue reached $89 billion in fiscal second quarter 2027, up 117% from a year earlier.

What changes when Huang leaves?

ActivTrades analyst Ion Jauregui said Huang’s departure opens a period of uncertainty for Nvidia, the market’s leading artificial-intelligence stock. It also removes the group’s main strategic and commercial figurehead. The market must determine whether the company’s competitive advantage depends more on its consolidated corporate structure than on Huang’s personal leadership. That uncertainty is the succession risk investors must quantify.

Kress has worked at Nvidia since 2013 and participated directly in its financial expansion. She now serves as interim chief executive while the board looks for internal and external candidates. Kress could become permanent chief executive if she guarantees strategic continuity, according to Jauregui.

Elon Musk said it would be “an honor” to hire Huang after a user on X suggested bringing him into the businessman’s circle. No formal offer was known. Donald Trump publicly proposed Tim Cook, the former Apple chief executive, as a replacement; that suggestion implied neither a candidacy nor a board decision.

How strong are Nvidia’s fundamentals?

The latest available results offer a different perspective from the leadership uncertainty. For the third quarter, Nvidia forecasts $108 billion in total revenue and a 74% gross margin (the share of revenue retained after direct costs).

The business engine continues to grow, although high expectations and dependence on investment in artificial intelligence infrastructure keep the bar very high. Succession, competition and trade restrictions with China add risks to a demanding valuation.

What does the chart show?

Since its $243 high, Nvidia’s share price has fallen below its 50-, 100- and 200-session exponential moving averages (EMAs, price gauges for each timeframe), clustered between $204 and $215. The relative strength index (RSI, a momentum gauge) stands at 26, reflecting extreme oversold conditions.

The moving average convergence divergence (MACD, a trend indicator) retains a bearish bias, meaning its signal still favors downside. That combination points to a deteriorated trend despite the oversold reading.

• $148.80 is the first support level (a price area where demand may emerge), followed by $140 and $123.
• Recovering $170-171 would be the first step toward easing selling pressure.
• $190 and the $204-215 zone represent further resistance areas (where selling may emerge).

What must happen on November 17?

Nvidia’s operating position and share-price position now point in opposite directions. The data-center business remains enormously fast-growing, but Huang’s departure introduces a management risk that is difficult to quantify.

The results on November 17 will be Kress’s first test. Until then, recovery of $170-171 will be the key reference for assessing whether the stock-market punishment is beginning to lose intensity.

Jauregui’s ActivTrades analysis says all information was prepared by the firm and describes the material as marketing communication, not investment research prepared under legal rules designed to promote research independence. The note contains no record of ActivTrades prices, makes no offer or solicitation, and gives no warranty for accuracy or completeness.

The note also says it does not consider any recipient’s investment objective or financial position. It warns that past performance and forecasts are not reliable indicators of future results, users of its execution-only service act at their own risk, political risk is unpredictable, central-bank actions can vary, and platform tools do not guarantee success.