Musk: 'Critical deals will be lost' at Nvidia without Huang
SpaceX CEO Elon Musk wrote on Saturday that Nvidia will lose “critical deals” after CEO Jensen Huang’s exit from the company following reports of his extramarital affairs, including one with an alleged Chinese spy. “Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract,”...
Nvidia CEO Jensen Huang has resigned from the company following reports of extramarital affairs and a spying scandal. The Jerusalem Post reports that Huang was forced to step down two days after US President Donald Trump urged him to fight to keep his position. According to The Jerusalem Post, which cites The New York Times, US intelligence agencies concluded that a woman with whom Huang had a romantic relationship, identified as Alice Huang, had been recruited by Chinese intelligence.
Following Huang's immediate departure, Nvidia's board appointed CFO Colette Kress as interim chief executive. Middle East Eye reports that three Israeli technology executives—Michael Kagan, Eyal Waldman, and Johny Srouji—have been named by local media as possible successors. The company stated it will consider both internal and external candidates for the permanent role.
On X, SpaceX CEO Elon Musk stated that Nvidia will lose "critical deals" without Huang. Musk noted that while Huang managed the supply chain brilliantly, many of those arrangements were based on handshakes rather than written contracts. Hindustan Times - World News adds that Huang had personally cultivated relationships with semiconductor manufacturers and suppliers in Asia, such as the nearly three-decade partnership with Taiwan Semiconductor Manufacturing Company (TSMC) which was built on mutual trust rather than formal legal contracts.
Brief written by urgent.news from The Hill, Hindustan Times - World News, Middle East Eye, IOL, Jerusalem Post — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
