Nvidia Risks Losing Supply Deals Without Jensen, Warns Musk

Tesla and SpaceX CEO Elon Musk has warned that Nvidia could lose some of its critical supply chain agreements following the departure of its co-founder Jensen Huang, highlighting the importance of his personal relationships with suppliers and business partners.

In his latest remarks on X, Musk said several of Nvidia’s key supply chain arrangements were built on personal trust rather than formal written contracts, raising concerns about their continuity without Huang at the helm.

“Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract,” Musk said.

“Without Jensen, at least some of those critical deals will be lost,” he added.

Musk’s comments highlight the potential business risks facing Nvidia following Huang’s departure, particularly as the chipmaker plays a central role in supplying advanced semiconductors used in artificial intelligence systems worldwide.

His latest remarks come after he publicly backed a petition seeking Huang’s reinstatement as Nvidia CEO.

“A petition is underway to reinstate Jensen and I’m signing it too,” Musk said in a post on X on Friday.

Earlier, Musk had also expressed willingness to work with Huang after a social media user suggested that he hire the Nvidia co-founder.