Musk says Nvidia will lose 'critical' deals without Jensen Huang
Elon Musk said chipmaker Nvidia would lose "critical" deals without its now ousted CEO Jensen Huang, in a post on X on Saturday. Musk said that while Huang drove supply chain "brilliantly" at Nvidia, many such deals were "a handshake with Jensen, not a written contract."
Elon Musk warned on X on Saturday, November 14, that chipmaker Nvidia could lose critical supply chain agreements following the departure of co-founder Jensen Huang as CEO. Musk suggested that Huang managed the supply chain brilliantly, but noted that many business arrangements were based on personal relationships and handshakes rather than formal written contracts.
Hindustan Times - World News reports that Musk argued these partnerships were built on trust and direct understanding, which raises questions regarding whether the agreements will remain under new leadership. NDTV noted that several of these arrangements depended heavily on Huang's personal connections with suppliers, and his exit could put those deals at risk. According to Qatar Tribune Business, Musk's warning follows the departure of the company's co-founder.
Brief written by urgent.news from The Korea Times, The Korea Times, Qatar Tribune Business, Hindustan Times - World News, NDTV — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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