Musk says Nvidia will lose 'critical' deals without Jensen Huang

Elon Musk warned on Saturday that chipmaker Nvidia could lose critical supply chain agreements following the departure of CEO Jensen Huang. Musk stated on X that while Huang managed the supply chain brilliantly, many business arrangements were based on handshakes and personal trust rather than written contracts. Musk noted that if Huang gave his word regarding component acceleration or compute delivery, he always followed through, even if a purchase order was only completed later.

According to Dawn, Huang stepped down on Thursday following revelations of extramarital affairs, an event that has caused crisis within the chipmaker and the AI industry. Musk suggested that without Huang, at least some of these vital deals will be lost. Musk also indicated he would sign a petition to reinstate Huang to his position. Nvidia declined to comment on the post or reports regarding the leadership transition.

Brief written by urgent.news from The Korea Times, Qatar Tribune Business, Hindustan Times - World News, NDTV, Dawn — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.