Why is Nvidia stock surging today after a two-day crash that wiped out $480 billion? Investors buy the dip as NVDA rebounds despite Jensen Huang controversy ahead of November 17 earnings

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Nvidia stock is rebounding on Wednesday, November 11, as investors step in after two consecutive sessions of losses linked to the controversy surrounding CEO Jensen Huang. Shares closed Tuesday at $168.89, down 5.47%. But the stock recovered to $175.45 in extended-hours trading by 6:49 a.m. ET, gaining 3.88%. The recovery comes as Nvidia prepares to release its quarterly results on November 17.