Jensen Huang's Resignation Sparks Taiwan Stock Rally

Nov 13, 2026

Taiwan's stock market jumped after Nvidia founder Jensen Huang resigned, as foreign investors stopped selling and poured money back in — good news for Taiwan's chip supply chain, at least for now.

  • Taiwan's main stock index surged over 1% as foreign investors ended an 11-day selling streak, buying heavily into banks and shipping stocks.
  • Jensen Huang stepped down as Nvidia's CEO, president, and board member following a scandal; the CFO is filling in temporarily.
  • Analysts see this as a "sell the bad news, buy the recovery" moment — Nvidia's AI business is still solid, but the leadership change could bring short-term stock swings.
  • Money shifted toward chip companies making custom AI chips (like MediaTek) that compete with Nvidia, while Nvidia's own stock fell sharply before U.S. retail investors rushed in to buy the dip.
  • One major Taiwan ETF dumped electronics stocks and shifted into financial and traditional industry names, showing investors hedging against AI uncertainty.

Outlook: Markets expect more short-term volatility in Nvidia-linked stocks as the industry watches whether AI chip orders and shipments stay strong under the new leadership.

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