Nvidia Shares Recover to $160 After Huang Resignation Reports

Nvidia shares recovered to $160 on Thursday, erasing losses linked to reports of a resignation announcement involving CEO Jensen Huang after a sharp drop when U.S. trading opened. The rebound reversed the decline tied to that news.

Shares had fallen 13.39% at the open before rebounding more than 5% in six minutes. The move from the opening loss to $160 marked a rapid reversal during the session. The price recovery erased the losses associated with the resignation reports.

Nvidia's market value also fell below $4 trillion, the first time it had dropped under that mark since July 2025. The company had not fallen below that valuation since then. The subsequent recovery to $160 came after the market value crossed below the threshold.

Nvidia is a major AI and semiconductor company, and its stock is a prominent technology share. Thursday's price action combined a steep opening decline, a rally of more than 5% in six minutes and a return to $160.