Musk warns Nvidia could lose key deals after Jensen Huang's exit

Elon Musk warned that Nvidia could lose critical supply chain agreements following Jensen Huang’s departure as CEO, saying several deals depended on personal relationships rather than written contracts. Musk made the comments on X on Saturday, November 14. Musk stated that Huang built partnerships based on trust and direct understanding, suggesting some partners agreed to work with Nvidia because of their relationship with him. He wrote that many deals were "a handshake with Jensen, not a written contract," and that without him, some critical agreements will be lost. Huang resigned amid reports of alleged extramarital relationships, including with Nvidia Vice President Kimberly Powell and Chinese businesswoman Alice Huang. Nvidia has appointed CFO Colette Kress as interim CEO. Musk has also backed a petition to reinstate Huang, who co-founded Nvidia in 1993.