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"The Big Short" Michael Burry has increased his bearish bets on the Nasdaq 100 Index and semiconductor stocks.
Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”
Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.
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After Jensen Huang stepped down, Nvidia (NVDA.US) shares plunged; retail investors bought up $111 million within half an hour of the market opening.
Retail investors are still betting on a rebound in NVIDIA (NVDA.US) stock price.
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