The brief
· Musk says Nvidia will lose critical deals without Huang, many resting on handshakes ↓
SpaceX CEO Elon Musk said NVIDIA will suffer supply chain issues now that former CEO Jensen Huang has been ousted, and he defended Huang in the process.
Musk's remarks were reported as a warning that NVIDIA could lose critical deals without Huang's involvement, placing the company's leadership change at the center of concern about its supply relationships.S2
Musk says Nvidia will lose critical deals without Huang, many resting on handshakes
- Musk said on X that many Nvidia supply deals were 'a handshake with Jensen, not a written contract', according to Jpost.
- Musk suggested that Huang's exit could put those informal arrangements at risk, according to a report that calls them 'handshake deals'.
- Jpost reported that employees reportedly called on the board to reinstate Huang, using the slogan 'Bring Back the Boss', according to leaked internal posts.
- Jpost reported that The New York Times said Trump urged Huang to keep fighting to hold his position two days before he stepped down.
