Wall Street Warns of Nvidia Succession Risk: Stock Could Plunge Over 20% If Huang Renxun Is Forced Out
Odaily Report: Wall Street analysts warn that if Huang Renxun suddenly departs, Nvidia's stock price could fall by 20% or even more, though some believe that as long as the succession arrangement is solid, the company's long-term operations may not be substantially affected.
Nvidia is considering appointing an interim CEO before conducting a broader search for candidates. Nvidia is working with external firms to identify potential new CEO candidates. According to U.S. financial media outlet Semafor, some Nvidia directors favor appointing Chief Financial Officer Kress as interim CEO.
Meanwhile, Morgan Stanley analyst Joseph Moore has removed Nvidia from the firm's "top pick" list.
