Elon Musk says some critical Nvidia deals may be lost without Jensen Huang

Elon Musk has said that some of Nvidia's critical deals could be at risk without CEO Jensen Huang, crediting the executive for personally driving the company's supply chain and building relationships that went beyond formal contracts.

In a post on X, Musk said Huang had driven Nvidia's supply chain brilliantly, adding that many of the company's important deals were based on a personal handshake with the CEO rather than a written contract.

Musk said that without Huang, at least some of those critical deals would be lost, highlighting the importance of the Nvidia chief's personal relationships in securing business agreements.


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The remarks come amid a major controversy at Nvidia, after Huang stepped down as CEO following reports of alleged extramarital relationships, including one involving a Chinese businesswoman suspected by US intelligence officials of having links to Chinese intelligence services. The company has appointed Chief Financial Officer Colette Kress as interim CEO as it looks for a permanent successor.

The controversy has also raised questions about Nvidia's business relationships. An investigation was ordered by Nvidia's board into reports concerning possible foreign intelligence involvement.

In a separate development, Musk has publicly backed a purported petition seeking Huang's reinstatement as Nvidia CEO, saying he would sign it.