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Nvidia Prepares Earnings as Stock Slides Near 27% From 52‑Week High

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News Analysis IndiaReporter
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November 10, 2026
07:31 AM
Nvidia Prepares Earnings as Stock Slides Near 27% From 52‑Week High

New Delhi, November 10 – Nvidia’s stock is on a steep downward trajectory ahead of its upcoming earnings release. The company’s market capitalization, once as high as $5.88 trillion, has receded to $4.31 trillion – a loss of $1.57 trillion or about 26 percent – as investors weigh AI spending volatility and a fresh probe into CEO Jensen Huang.

The shares finished November 9 at $178.67, marking a 26.6 percent decline from the 52‑week peak of $243.37. Analysts will monitor the November 17 earnings call for clues on whether global AI infrastructure investments can regain momentum, and whether demand for Nvidia’s advanced chips remains robust.

Adding to the pressure, Huang recently confirmed an extramarital relationship with a former senior executive of Megaspeed, a Singapore‑based data‑center operator. The admission followed his decision to retain Heller Inc., a crisis‑communication consultancy, in October 2025 after concerns surfaced about possible breaches of U.S. export controls involving advanced chips shipped to Chinese customers.

Megaspeed had earlier bought Nvidia chips valued at roughly $2 billion. In a brief statement, Huang apologised to his family and to Nvidia staff, while the identity of the executive was not disclosed.

The board has now launched an independent investigation to address the allegations and to reassure shareholders that neither national security nor confidential corporate information has been compromised. By comparison, Tesla’s market cap stands at about $1.49 trillion, underscoring the scale of Nvidia’s recent valuation swing.

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