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Musk Says Many Key Nvidia Deals Were Sealed With Handshakes

An online petition urging Nvidia’s board to restore Jensen Huang’s position had drawn more than 92,000 signatures.

Two anonymous hands clasp above an unmarked semiconductor wafer / TokenPost.ai
Two anonymous hands clasp above an unmarked semiconductor wafer / TokenPost.ai

Elon Musk said Saturday that Nvidia had built its supply chain well, citing many key deals reached with Jensen Huang through handshakes rather than written contracts. He said at least some of those deals could be lost without Huang.

The remarks came as an online petition urging Nvidia’s board to restore Huang’s position passed 92,000 signatures. It listed 49,023 shareholders, 4,919 current employees and 854 former employees among its signers.

Musk, Tom Lee and Replit CEO Amjad Masad were among the public figures who had signed the petition.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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