Musk says Nvidia could lose key deals without Jensen Huang
In a post on X, Elon Musk said Nvidia could lose important deals without Jensen Huang, many of which rested on a handshake rather than a contract.
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what happened
Elon Musk wrote on X on Saturday that Nvidia could lose “critical” deals without its now ousted CEO Jensen Huang. Musk said Huang had managed the supply chain “brilliantly,” but that many arrangements were “a handshake with Jensen, not a written contract.”
Reuters reported the statement. The report does not specify which deals are at risk or how they were structured.
why it matters
For investors, the remark highlights how much a leading AI chipmaker may depend on personal relationships at the top. The comments come from Musk rather than from the company itself, so they should be read with caution. The market will likely watch whether Nvidia responds to the concerns.
market impact
Nvidia shares: Musk's comments add uncertainty around the company's key contracts
tags
instruments
on polymarket
sources
- Musk says Nvidia will lose 'critical' deals without Jensen Huang — Reuters, 14 November 2026 at 14:46 UTC
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