After Jensen Huang’s exit, what top financial advisors are doing with Nvidia: Exclusive CNBC poll

In a CNBC flash poll of its Financial Advisor 100 and Financial Advisor Council, most respondents said they were holding their Nvidia positions steady; none said they were selling at the time of the poll.

The Details

AI demand, valuation and Nvidia’s leadership or governance were the most-cited factors that could change respondents’ approach.

Advisors said investors should weigh their Nvidia concentration, time horizon and risk tolerance before reacting to short-term volatility.

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Nvidia continued to slide after the market open on Friday after declining 4% on Thursday following news of co-founder Jensen Huang's resignation as chief executive, amid reports about his personal relationships and national security concerns. The news has raised questions for investors about what comes next for a company at the center of the artificial intelligence boom.

To gauge how wealth managers are responding, CNBC polled members of its Financial Advisor 100 and Financial Advisor Council.

Thirty of the 122 firms and professionals contacted responded to the online, multiple-choice flash poll, conducted between 11 a.m. and 5 p.m. EST on Nov. 12. The poll is a snapshot of respondents' views, not a measure of all financial advisors.

Most advisors polled are holding steady

Most respondents, 19, said they are holding their

Nvidia positions steady. Another four said they are increasing their stake, while seven said they do not own the stock. None said they were selling at the time of the poll.

"Most of our clients are in a position to hold; the reason is because it makes up a smaller percentage of an overall diversified portfolio,"

Winnie Sun, managing director and founding partner of Irvine, California-based Sun Group Wealth Partners, said in an interview. Sun is a member of the CNBC Financial Advisor Council.