Jensen Huang is out and Nvidia stock is down—what market pros say about buying dips

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Nvidia co-founder Jensen Huang has resigned as the firm's president and CEO, the company announced Thursday. Investors reacted negatively to the news. By 2:30 p.m., shares of the chipmaking giant were down more than 5%, and now sit 31% below their high on October 6. It's easy to see why Huang's departure, which comes amid revelations of his romantic ties to a woman believed by the U.S. intelligence community to be a Chinese spy , has investors feeling queasy. The company Huang co-founded 33 years ago — and whose chips have powered the artificial intelligence boom — has grown into the firm currently valued at about $4 trillion under his leadership.