# Nvidia on track for longest weekly losing streak since 2012 as market value sinks by $1.6 trillion

- URL: https://talkfuse.com/story/nvidia-on-track-for-longest-weekly-losing-streak-since-2012-as-market-value-sinks-by-1-6-trillion/
- Published: 2026-11-13T05:51:34+00:00
- Updated: 2026-11-13T08:55:21+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/13/nvidia-stock-jensen-affair-ai.html
- Topics: Business, Markets

## Key points

- Nvidia is approaching its longest weekly losing streak since 2012.
- Its market value has fallen by about $1.6 trillion.
- Interim CEO Colette Kress faces results day on Tuesday.

## Summary

Nvidia’s share price is heading for a sixth consecutive weekly decline, its longest losing streak since 2012, after selling accelerated around the resignation of co-founder and chief executive Jensen Huang. The company has lost about 29% of its market value, roughly $1.6 trillion, and has fallen below Apple in value. Investors are also weighing broader concerns about the AI trade and the outlook for the company during a leadership change.

Huang resigned on Thursday after reports of two extramarital affairs, including one with an Nvidia employee; finance chief Colette Kress was named interim CEO while the board searches for a permanent successor. Nvidia shares fell 4.3% on Thursday, leaving them down 11% for the week. The company is due to report results on Tuesday, with analysts forecasting quarterly revenue of $108.9 billion, up 91% year on year, though some expect leadership uncertainty to overshadow strong results.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.