Dan Ives: If Jensen Huang is replaced, NVIDIA's market value may drop by 25% to 30%

On November 11, according to reports from Business Insider and Benzinga, Yorkville Ives Senior Managing Director Dan Ives stated in the latest investor report that if Jensen Huang were to be removed from his position as CEO of Nvidia, the value of Nvidia as a company and stock would significantly shrink by 25% to 30%, and it would change the company's future direction, as well as the AI GPU competitive landscape in the United States and globally, especially in China.

Ives referred to the extramarital affair involving Jensen Huang and a suspected Chinese spy as Nvidia's "moment of shame." He cited Wall Street estimates that the probability of Huang being replaced by the board is about 15%, and the board's investigation may take 4 to 6 weeks, during which there will be significant pressure on the stock price. Ives stated that Huang is the core DNA of Nvidia, and he is irreplaceable; currently, no one in the management can seamlessly take over as CEO, highlighting the key person risk for Nvidia. He maintains Nvidia's "outperform" rating with a target price of $300, but on the condition that Huang continues to serve.