Nvidia's stock price has fallen by a third, presenting the biggest buying opportunity. From a high of $243 to around $159 in after-hours trading last night, Nvidia has retreated by approximately 35%. One scandal after another involving Jensen Huang has followed, and the money in accounts has shrunk with each passing day. Last night, The New York Times, citing five people who previously worked at Nvidia, reported that Jensen Huang was accused of having an extramarital affair with Kimberly Powell, his vice president of healthcare. Subsequently, The Wall Street Journal reported that the board was preparing to replace Huang and might hold a meeting to decide his future. On November 11th, Eastern Time, Nvidia's stock price had just rebounded by about 2.87% in regular trading, closing at $173.73, with approximately 282 million shares traded that day. By approximately 8:51 AM Beijing time this morning, the after-hours price had fallen to $158.65, a drop of about 8.68% from the day's closing price. In this round of after-hours data, the lowest point reached was approximately $156.46. The money that had painstakingly recovered during the day was wiped out again by the evening. From last Friday's closing price of $186.64 to this after-hours sampling, the cumulative decline is about 15%. Funds that previously thought the turmoil had been digested now have to reassess whether the boss can continue working. On Polymarket, the quote for "Huang Renxun to announce his resignation or be replaced before the end of the year" was still at 16.5%; it rose to 26.5% at 06:00, reached 78% at 07:00, briefly reached 89.5% at 08:00, and was around 87.5% around 08:51. In less than four hours, it rose by about 71 percentage points. Keeping Huang on the job requires restoring trust; letting him leave requires a smooth handover. Both sides require the company to incur costs, and ultimately, these things come down to business. So, is it a good time to buy Nvidia at its lowest point? Let's look at the fundamentals: Nvidia's revenue in the most recent quarter was approximately $96.2 billion, a year-over-year increase of 106%; data center revenue was approximately $89 billion, accounting for about 92.5% of total revenue. The revenue guidance for the next quarter is $108 billion, plus or minus 2%, with the median representing a growth of approximately 12.2% from the previous quarter, and it does not assume revenue from data center computing in China. Now let's look at the valuation: At its peak, the forward P/E ratio was around 18, now it's only around 12, only one-third of the average of 36 over the past five years, making it the cheapest it's been in over a decade. A company whose revenue is still doubling has a valuation lower than Walmart. The next test is just around the corner: Nvidia will release its next quarterly results after the US market closes on November 17th (early morning of November 18th Beijing time). How it will ultimately end depends on the board's decision. Jensen has very close connections with various parties, so how will you place your bet this time? Nvidia, Jensen Huang, NVDA, US Stocks, AI, Polymarket