# Nvidia loses roughly $546 billion in market value at opening after Huang resigns

_Published Thursday, November 12, 2026 at 2:07 PM EST · Products, AI · Latest · Tier 1 — Major_

![Nvidia loses roughly $546 billion in market value at opening after Huang resigns — Primary](https://media.wired.com/photos/6af5f0e82e74be76ab295bc3/191:100/w_1280,c_limit/111226-nvidia-jensen-huang-dollar-destroyed.jpg)

Nvidia lost roughly $546 billion in market value when markets opened Thursday after announcing Jensen Huang's resignation, WIRED reported. Shares subsequently recovered somewhat, but the company's valuation has fallen by more than $1 trillion over the recent weeks of scandal.

The decline affects a chipmaker whose products train most major AI models and whose investments extend across the technology industry. Its August regulatory filing listed nearly $30 billion of Intel stock and roughly $21 billion of SpaceX stock. AMD shares rose 28 percent over the last five days, while Broadcom gained nearly 16 percent.

## Sources

- [WIRED](https://www.wired.com/story/jensen-huang-tanked-a-trillion-dollars-in-less-than-a-month/)

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Canonical: https://techandbusiness.org/newswire/JklghiccJXPzIySb61qEFv
Published: 2026-11-12T19:07:05.438Z
Story chronology: 2026-11-12T17:59:15.261Z
Retrieved: 2026-11-12T21:54:34.471Z
Publisher: Tech & Business (techandbusiness.org)