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

Elon Musk warned that Nvidia could lose key supply chain agreements following Jensen Huang's resignation, citing deals based on personal assurances rather than written contracts. Musk also supported a petition for Huang's reinstatement as CEO. Musk said Huang's relationship-building skills secured many agreements, which he described as "a handshake with Jensen, not a written contract." He cautioned that without Huang, "at least some of those critical deals will be lost." Musk publicly backed a petition seeking Huang's return. Huang resigned amid reports of alleged extramarital relationships, including with an Nvidia vice president and a Chinese businesswoman. Nvidia appointed CFO Colette Kress as interim CEO. Huang co-founded the company in 1993 and led its rise as a leading AI chip supplier.