Musk warns Nvidia will lose critical deals after CEO Huang's exit

thehill.com —

Elon Musk said Saturday that Nvidia will lose "critical deals" following CEO Jensen Huang's resignation, citing reliance on informal handshake agreements rather than written contracts. Huang stepped down Thursday amid reports of extramarital affairs, including one with alleged Chinese spy Alice Businesswoman Alice Huang, who reportedly smuggled AI chips to China. A separate affair with a subordinate was also reported, prompting an independent investigation by Nvidia's board. Musk previously said hiring Huang "would be an honor," while President Trump suggested former Apple CEO Tim Cook as a replacement. Huang admitted to being unfaithful and faces a closed-door briefing with GOP lawmakers on Nov. 18.


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