Nvidia After Jensen Huang: Why the Committee Is Split Right Now
As seen on the 24/7 Wall St. homepage on November 13, 2026.
NVIDIA Fallout, Chip Volatility and the Case for 60/40
- Panel split on Nvidia after Huang's resignation: bulls cite a forward multiple near 10 and 300 billion in free cash flow
- Kevin Simpson sold half his Nvidia at a 20% loss on price-action rules, buying at $200 and exiting in the $160s
- Nvidia board reportedly approached Arm CEO Rene Haas as successor; Arista flagged as clearest chip beneficiary
- Retail earnings week ahead for Home Depot, Walmart, Costco, TJX and AutoZone, with weak consumer sentiment a drag
The committee can't agree on what a leaderless Nvidia is worth: one member mechanically dumped half his stake at a 20% loss while another is putting new client money in at these levels. With earnings next week, the next report settles the argument.
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The resignation of Jensen Huang has cracked the Halftime Report investment committee right down the middle, and neither side is bluffing. Bulls on the panel point to a forward multiple near 10 as reason to stay in or even add at current prices, arguing the valuation case has rarely looked this compelling for a franchise of Nvidia's scale.
On the other side, Kevin Simpson followed his price-action rules without hesitation, selling half his Nvidia position at a 20% loss after buying in at $200 and exiting in the $160s. His move was a disciplined response to the stock's behavior, the kind of mechanical rule that removes emotion from a deteriorating trade.
The succession question is adding another layer of uncertainty the market has not yet priced cleanly. The Nvidia board reportedly approached Arm CEO Rene Haas as a successor to Huang, and the committee flagged Arista as the clearest near-term beneficiary among chip-adjacent names while the leadership picture at Nvidia remains unsettled.
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An Nvidia earnings report is due next week, which the committee framed as the event most likely to settle the current argument. A strong report with confident forward guidance vindicates the bulls who are putting fresh client money in at these levels; a disappointment validates Simpson's decision to cut early.
The episode also covers a busy retail earnings week featuring Home Depot, Walmart, Costco, TJX and AutoZone, all arriving against a backdrop of weak consumer sentiment. The committee is treating that combination as a meaningful drag on expectations heading into the reports.
Mentioned: AMD, CAT, LSGRX, TGT, WMT, TJX, AAPL, HD, MU, CSCO, AZO, COST, AMZN, NVDA, EBAY
