Nvidia’s current market capitalization hovers near $3.93 trillion after a sharp sell-off from October peaks above $5.7 trillion, driven primarily by the abrupt resignation of longtime CEO Jensen Huang amid personal scandals and related leadership uncertainty. This has amplified trader caution about near-term execution in its dominant artificial intelligence GPU business, even as data center revenue continues surging on hyperscaler demand for Blackwell and upcoming Rubin platforms. The market-implied odds heavily favor an end-2026 close below $4 trillion because only weeks remain until year-end, with volatility from the November 17 earnings report and post-election regulatory questions on AI infrastructure spending likely to limit any rapid rebound. Strong underlying fundamentals and capacity expansions provide some support, yet the skin-in-the-game consensus reflects realistic risks of sustained pressure on valuation multiples.