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Poll Finds 19 of 30 Advisers Held Nvidia Positions Steady After Huang Exit

Four respondents said they were increasing their positions, while seven did not own Nvidia stock and none said they were selling.

Most of the 30 financial adviser poll respondents said they were holding Nvidia positions steady after CEO Jensen Huang’s resignation, offering a snapshot of investor posture during the company’s leadership transition.

Four respondents said they were increasing their holdings, while seven did not own Nvidia stock. None said they were selling at the time of the poll.

The online poll received responses from 30 of 122 firms and financial professionals contacted through the Financial Advisor 100 and Financial Advisor Council. It ran Nov. 12 from 11 a.m. to 5 p.m. ET. The results reflect those respondents, not financial advisers as a whole.

Winnie Sun, managing director and founding partner of Sun Group Wealth Partners, said some clients were positioned to hold because Nvidia represented a smaller share of their diversified portfolios.

Nvidia’s board accepted Huang’s resignation as president, CEO and a board member on Nov. 11, effective immediately, and named CFO Colette Kress interim CEO. Kress will remain CFO while the board searches for a permanent successor. Nvidia is scheduled to report fiscal third-quarter results Nov. 17 at 4:20 p.m. ET.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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