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Musk: Nvidia's deals hinge on Huang handshake
14 Nov
Summary
- Elon Musk believes Nvidia would lose crucial deals.
- He stated deals were based on trust in Jensen Huang.
- Huang's departure poses a significant risk to Nvidia.
Elon Musk recently posted on X, expressing concerns about Nvidia's future stability after the ousting of its CEO, Jensen Huang.
Musk suggested that Nvidia is at risk of losing "critical" business deals without Huang at the helm. He highlighted that many of Nvidia's significant agreements were secured through personal trust and a handshake with Huang, rather than formal written contracts.
This reliance on Huang's personal relationships indicates his crucial role in driving supply chain operations and maintaining key partnerships for the chipmaker. His departure could therefore have substantial negative repercussions for Nvidia's business.
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