Schwab Network on $NVDA (Nov 9, 2026)

We will talk about NVIDIA.

And you know, if Nvidia falls like this, there will be some beneficiaries. I saw Broadcom, AMD, and Alphabet, also known as Google, change your symbol , please. And we'll see how it ends.

Okay, let's get to Nvidia. Let's discuss the biggest problem. You said you had questions. What are your questions? We all have questions. We should all be there. So, from the perspective of Nvidia shareholders and those who own this stock in one way or another, you'd want to know what happens next ? Is there any succession plan?

Dan Ives is speaking today. Hopefully, he will speak to you and Schwab soon. But he thinks the CEO is irreplaceable. I have always learned that no one is irreplaceable. And what is the succession plan?

But when you talk about iconic leaders in the industry, he's now at the top of that best-of list. And it will be very interesting to see what impact this has on the company.

If there was espionage, to what extent was it? There was some confusion when he was not invited to visit China a few months ago. And suddenly they took him with them. But the president kind of said, "Let's take him with us."

After Marco Rubio said, "You know what? Maybe he should miss this trip." So, we will have many questions. The investigation is ongoing. The Financial Times and the New York Times have done great investigative journalism, but we are still in the first layer of the Onion. How deep does it go?

So, we are looking for alternatives. You're getting Broadcom, AMD, and Alphabet in the top three positions , which are in pretty good shape in the pre-market.

But, trust is very important in this industry. I don't think Jensen is untrustworthy, but he did things that could have exposed his company to a lot of scrutiny and questioning , and people will now look for other options because trust has become an issue.

Trust is a problem now. You mentioned President Trump. And President Trump seemed to speak in favor of supporting the leadership. However, it is clearly not just a matter for the board to investigate.

There will be stricter monitoring in this regard. And if any trade secrets are leaked , export control systems could be at risk.

Yes. And Nvidia is still at the top of the market. No one is close to breaking their position. But what will happen now is an attempt to restore their image and deal with the damage.

They will take him to Capitol Hill. Politicians—I'm having trouble speaking this morning —both sides will take the opportunity to make their points. How far will this matter go?

And what information does China have about us and Jensen ? So as I said, there's still a long way to go.

Now, technically we need to keep an eye on the 165 level. This is a major support level of the last few years. We are at 175, 177 in the pre-market. So people are now selling shares, waiting for the situation to calm down and seeing what happens.

Can Jensen overcome this ? Probably. But what does this mean for the future ?

We shouldn't jump into stocks right now thinking, "Maybe we're overreacting." Just because the president says so doesn't mean the president has his own problems. So saying that another adulterer is okay with me is not a vote of confidence for me.

I want a vote of confidence from the board, who are conducting their own investigation. And I want to see what the company says about succession planning, because if Dan Ives is right and if this person is indispensable, then we have a big problem.

No, fundamentally this stock is doing well on all indicators. Let's see what their customers say. Let's see if they shop elsewhere. Hmm, so it ultimately comes down to trust. But from a product perspective, it's not like that.

They have a pretty good secure location. I do n't know if people will be able to scale the fort, but they will gradually change the situation. And this is a big opportunity to compete, because they will use this belief as their issue.

I just think there's a lot of smoke in the air in the next few weeks towards December, with the Fed, the possibility of a government shutdown , the rhetoric in Washington and now this Nvidia story.

But right now, things aren't going well and Jensen is n't helping us at all.