Stacy Rasgon

“Who is the right person now to make the decisions for the next 10 years? I don't intuitively know who that person would be.”

Stacy Rasgon · said 2026-11-12 · reported 2026-11-12

Rasgon expressed uncertainty about who could serve as the visionary to lead Nvidia into the future as new CEO.

“much tougher for the board to leave him in position.”

Stacy Rasgon · said 2026-11-12 · reported 2026-11-12

Rasgon told CNBC's "Squawk Box Asia" that Huang's alleged affair with a direct report makes it harder for the board to keep him.

“Jensen is Nvidia, right? He is the visionary. The reason they're in the position that they're in today is because he made decisions 10 years ago,”

Stacy Rasgon · said 2026-11-12 · reported 2026-11-12

Rasgon emphasized Huang's central role in Nvidia's success and the difficulty of replacing his vision.

“So now what? On the positive, the fundamentals of the business (if not the leadership) are clearly still intact with numbers that remain massive (and probably still headed higher). We don't think the company should have huge issues operating while engaged in a search for new leadership. And (of course) the shares are almost absurdly cheap (and getting cheaper as we speak); clearly there is a lot of bad news getting priced in here,”

Stacy Rasgon · said date not stated · reported 2026-11-12

Analyst Stacy Rasgon slashed his price target from $400 and downgraded the stock from market outperform.