Why Nvidia Stock Just Fell Again

Nvidia's stock took another hit on Tuesday, Nov. 10, after a report intensified the controversy surrounding its CEO, Jensen Huang. The broader market also experienced declines, with the S&P 500 and Nasdaq Composite falling by 0.4% and 0.7%, respectively. Nvidia had been under scrutiny due to an ongoing investigation into Huang's association with a suspected Chinese intelligence asset.

However, this morning, The Information, a prominent tech news source, revealed that the relationship might have facilitated the transfer of up to $7.5 billion worth of chips to Chinese firms over the past few years, some of which are prohibited for sale in China. While these allegations remain unproven, as Reuters could not independently confirm the report, The Information's reputation lends credibility to the claims.

The situation may not appear in the upcoming quarterly report, but if true, it could have significant implications for the company. Huang has until Wednesday to respond to a request from three House committees for a briefing. The political fallout could intensify if the allegations turn out to be accurate. Despite the uncertainty, it may be prudent to reconsider the level of exposure to Nvidia due to the potential consequences.

As always, maintaining a balanced perspective is crucial, but considering reducing Nvidia's position in your portfolio is a sensible course of action. For those seeking expert advice, Stock Advisor's average return of 852%* surpasses the S&P 500's 208%* market performance. Their latest list, featuring the 10 best stocks for investors to buy now, is available upon joining Stock Advisor. *Stock Advisor returns as of November 10, 2026.

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