Key Takeaways
💸 More than $450 billion of Nvidia’s market value has gone since its board opened a review on 8 November.
🕸️ Nvidia isn’t just a chip seller. It has close to $99 billion invested in other companies, including OpenAI, CoreWeave and Intel.
🤝 It is one of seven tech firms set to buy $26 billion of Anthropic shares when Anthropic lists. Reports put Nvidia’s part at about $10 billion.
📉 Nvidia shares fell about 8.6% after hours on Wednesday, after reports that its board is preparing to remove CEO Jensen Huang.
📅 Two big dates now sit next to each other: Nvidia’s results on 17 November, and Anthropic’s reported pricing on 18 November.
⚖️ Honest catch: Anthropic doesn’t rely on Nvidia alone. Its filing says it runs on chips from Amazon, Google, Nvidia and AMD, and none of this week’s reports change Nvidia’s sales figures.
🔍 Want to dig deeper? Research Nvidia, AMD, Broadcom and other AI stocks on Nemo.money, from $1.
The Short Version
Most people think of Nvidia as the company that makes AI chips. That’s true. But it’s also a big investor in the companies that buy those chips.
So when Nvidia has a bad day, the effects don’t stay with Nvidia. They can spread to its customers, its partners and the companies it owns stakes in.
This week, that web of links collides with the biggest IPO of the year: Anthropic, the maker of the Claude AI assistant.
People are searching:
- Why did Nvidia stock fall
- What companies does Nvidia own
- Does Nvidia own part of Anthropic
- Will Nvidia news affect the Anthropic IPO
- Anthropic IPO date
- Nvidia CEO succession
🗞️ What Happened This Week
🧑⚖️ On 8 November, Nvidia’s board opened an independent review following reports about Huang’s personal conduct. The board said at the time that it had confidence in Huang and no reason to believe national security or company information had been compromised.
📰 On Wednesday evening, the Wall Street Journal reported that the board was preparing to remove Huang, with directors expected to meet as soon as that day. Other outlets, including CNBC and CBS, carried the report.
📉 Nvidia shares fell about 8.6% in after-hours trading.
💸 That extended a slide of more than $450 billion in market value since the review was announced.
🤐 Nvidia did not immediately comment, and no decision has been announced.
We covered the “one-person risk” side of this in Nvidia Fell 5% on a Question About One Person. That’s Key-Man Risk. This post looks at something different: why Nvidia’s problems can become everyone’s problems.
🕸️ Nvidia’s Web: Seller, Investor, Partner
1. Nvidia sells the chips 🖥️ Nvidia’s chips are the core of many AI data centres. Cloud firms, AI labs and chip-renters like CoreWeave all buy them.
2. Nvidia owns pieces of its customers 💼 In the quarter to 26 July, Nvidia held close to $99 billion of investments. Examples reported:
🤖 OpenAI: about $30 billion
🧠 Anthropic: up to $10 billion (earlier commitment)
💡 Safe Superintelligence: about $5 billion
🔧 Intel: about $5 billion
🔌 Coherent, Lumentum and Marvell: about $2 billion each
☁️ CoreWeave: about 11% of its shares, worth around $3.7 billion at the end of March
Nvidia’s finance chief said on its last earnings call that it has invested nearly $50 billion in leading AI labs.
3. Nvidia is an anchor buyer in Anthropic’s IPO 🏛️ Anthropic’s updated IPO filing with the SEC says seven companies will buy $26 billion of its shares at the IPO price, in a separate private sale. They are AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC.
Reports put Nvidia’s share at about $10 billion, matching Google’s.
👤 Why One Person Is This Large a Question
Three facts, all from public filings and reporting, explain why a leadership question moves this much value:
🏛️ Huang co-founded Nvidia in 1993 and has run it for 33 years.
📊 He owns about 3.6% of the company and has roughly 60 direct reports.
🚪 He has said he does not believe in succession planning, and analysts have noted there is no obvious internal successor.
Reporting indicates the board has hired an outside firm to compile possible replacements and is weighing an interim chief executive. Nothing has been announced.
That combination is unusual at a company this size. Most firms of comparable scale have a visible second tier and a named plan. Where one does not, the market has to price the uncertainty rather than the alternative.
🚀 Why This Matters for the Anthropic IPO
The filing lays out the deal:
💵 Price range: $70 to $78 a share.
📊 Shares on offer: 825 million.
🏷️ Ticker: ANT, on the Nasdaq.
🏦 First banks named: Goldman Sachs and Morgan Stanley.
📅 Reported timing: pricing on 18 November, first trade on 19 November. Some reporting says 19 or 20 November.
The timing is the point. Nvidia reports its results on Tuesday 17 November, one day before Anthropic’s reported pricing.
How Nvidia’s news could spill over:
🌡️ Mood: IPOs are priced on investor appetite. A shaky week for the biggest AI stock can cool that appetite.
🤝 Partners: A $10 billion buyer in the middle of a leadership storm is a question investors will ask about.
🔗 Linked stocks: Many AI stocks move together. CoreWeave, part-owned by Nvidia, also slipped in late trading.
What we don’t know: there’s no sign Nvidia’s planned purchase has changed, and Anthropic still plans to go public later this month.
For the full IPO background, read our Anthropic IPO guide for UAE investors.
💡 The One Lesson
When companies are linked, their risks are linked too.
You might own five different AI stocks and feel diversified. But if they all buy from, sell to or are owned by the same company, they can all fall together.
Before you add a stock, ask:
🔗 Who are its biggest suppliers and customers?
💼 Who owns big stakes in it?
📦 Do my funds already hold the same names?
Index funds hold Nvidia too. Our ETF explainer shows how much of a fund can sit in a few giant names.
⚖️ The Honest Catch
Why this may be overblown:
🧩 Anthropic isn’t tied to Nvidia alone. Its filing says it runs on Amazon’s Trainium chips, Google’s TPUs, Nvidia GPUs and AMD GPUs.
🏭 A change of CEO doesn’t change how many chips Nvidia sells next month. The 17 November results will show the business numbers.
🧑💼 Nvidia’s board hasn’t announced any decision. Reports aren’t facts until confirmed.
📈 On Monday, the wider market rose while Nvidia fell, so investors didn’t treat it as a sector crisis that day.
Why it may matter more than it looks:
👤 There are few obvious successors, and Huang has said he doesn’t believe in succession planning.
📉 Analysts have suggested Nvidia would be worth meaningfully less without him. That is their view, not ours, and such estimates are opinions rather than measurements.
🕸️ Nvidia’s roughly $99 billion of investments means its decisions reach far beyond its own share price.
🙋 What It Means for You
📅 Mark 17 to 19 November. Nvidia’s results and the Anthropic listing land in the same week, and AI stocks could swing more than usual.
🔍 Nvidia (NVDA), AMD (AMD), Broadcom (AVGO) and CoreWeave (CRWV) are examples to research, not recommendations.
🐢 Most retail investors can’t buy an IPO at the offer price. Waiting to see how a new stock trades is a valid choice.
📚 New to this sector? Start with our semiconductor stocks explainer.
📱 How to Research with Nemo.money
💵 Invest from $1 with fractional shares.
🆓 Zero commission on trades.
🐠 Not sure where to start? Nemes can help you find ideas.
🏦 Waiting for a busy week to pass? Nemo.money pays 6% AER interest, paid daily in USD.
❓ FAQs
1. Why did Nvidia stock fall? Nvidia shares fell about 8.6% after hours on 11 November 2026, following a Wall Street Journal report that the board was preparing to remove CEO Jensen Huang. Nvidia had not commented, and no decision has been announced. More than $450 billion of market value has gone since the board opened its review on 8 November.
2. Does Nvidia own part of Anthropic? Nvidia had earlier committed up to $10 billion to Anthropic. Anthropic’s IPO filing also names Nvidia as one of seven companies buying $26 billion of its shares at the IPO price. Reports put Nvidia’s part at about $10 billion.
3. What other companies has Nvidia invested in? Its stakes include OpenAI, Intel, CoreWeave, Safe Superintelligence, Coherent, Lumentum and Marvell. Its total investments were close to $99 billion in the quarter to 26 July 2026.
4. Will the Nvidia news delay the Anthropic IPO? There’s no report of a delay so far. Anthropic is reported to be pricing on 18 November and trading from 19 November, the day after Nvidia’s results. Timings can still change.
5. What should investors watch from here? Three things. Nvidia’s results on 17 November, which will show whether the business numbers have changed at all. Any announcement from the board, since nothing has been decided. And how the Anthropic listing prices on 18 November, which will show whether appetite for AI shares has cooled. Nvidia is an example to research, not a recommendation.
🏁 Final Thoughts
Nvidia sits in the middle of the AI world. It sells the chips, owns stakes in the buyers, and now plans to be one of the biggest buyers in Anthropic’s IPO.
That’s why a story about one person at one company is moving a whole sector. Next week brings hard numbers: Nvidia’s results first, then Anthropic’s debut.
Watch both. And check how linked your own holdings are.
👉 Start researching on Nemo.money
Nemo = Never Miss Out. Stay informed. Stay ahead.
#Nvidia #NVDA #Anthropic #AnthropicIPO #AIStocks #Semiconductors #CoreWeave #HotStocks #UAEInvestors #NemoMoney
Terms and conditions apply. This is not investment advice. Past performance is not indicative of future results. Your capital is at risk. See website for Risk Disclosure. Exinity ME Ltd (https://nemo.money) is regulated by ADGM’s Financial Services Regulatory Authority.
