What's Going On With Nvidia Stock Wednesday Nauman Khan Wed, November 11, 2026 at 1:52 PM EST 1 min read NVDA +3.90% Trade NVIDIA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Nvidia (NASDAQ:NVDA) shares recovered on Wednesday gaining 3% as investors assessed the fallout from an investigation involving Chief Executive Jensen Huang, with the chipmaker approaching its next quarterly earnings report.
The company's board has retained Wachtell, Lipton, Rosen & Katz to examine whether foreign intelligence efforts exposed sensitive business information, according to a Tuesday company statement.
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The inquiry follows reports concerning Huang's relationship with a Chinese businesswoman suspected by U.S. intelligence officials of having links to Beijing. Huang acknowledged being unfaithful to his wife, while Nvidia has said it has no reason to believe corporate secrets or national security information were compromised.
The controversy has added another source of uncertainty for shareholders already facing questions about Nvidia's leadership and business outlook. Baird downgraded the stock to Neutral from Outperform on Wednesday and reduced its price target to $200 from $500, citing concerns surrounding the investigation and the company's longer-term prospects.
Nvidia is scheduled to report its quarterly financial results on Nov. 17, giving investors another event to watch as the company addresses the scrutiny surrounding its leadership.
