Nvidia CEO Jensen Huang News Live Updates: Nvidia will lose ‘critical’ deals without Jensen Huang, says Elon Musk

Elon Musk said chipmaker Nvidia would lose "critical" ⁠deals ​without its now ​ousted CEO Jensen ​Huang, ⁠in a post ‌on X on Saturday. Jensen Huang's sudden departure from Nvidia has brought renewed attention to his leadership style and personal life, with his biographer Stephen Witt making fresh claims about the former chief executive's personality.

Investors Altimeter Capital Management and Atreides Management have urged Nvidia's board to adopt a cautious approach to its leadership transition and keep open the possibility of founder Jensen Huang returning as chief executive.

Former Nvidia CEO Jensen Huang misled several senior company executives, including general counsel Tim Teter and chief marketing officer Alison Wagonfeld, about the nature of his relationship with Chinese businesswoman Alice Huang, with whom he had an affair, news agency Reuters reported, citing two people familiar with the matter and internal correspondence.

Reuters reviewed several exchanges from October but agreed not to quote directly from the messages. The news agency is the first to report on the correspondence. – Singapore seized Alice Huang’s passport for eight months: Singaporean authorities reportedly confiscated the former Megaspeed CEO’s passport in June 2025 while seeking US assistance with an investigation into suspected shipments of advanced Nvidia chips to China, CBS News reported.

– US Treasury chief blames Howard Lutnick over Nvidia chip export checks: Treasury Secretary Scott Bessent has blamed Commerce Secretary Lutnick for failing to ensure adequate checks on advanced AI chip exports to Megaspeed, which allegedly had access to Chinese funding.

The controversy has raised questions about potential national security risks. – US flights resume after nationwide FAA ground stop, but delays continue: A telecommunications outage disrupted air traffic control systems, triggering a ground stop lasting more than four hours.

The disruption led to more than 10,000 flight delays and 5,000 cancellations, affecting an estimated 1.5 million passengers. Transportation Secretary Sean Duffy blamed ageing technology and overloaded routers, while Homeland Security Secretary Markwayne Mullin said there was no evidence of a cyberattack or security threat.

– SpaceX Starship booster explodes after successful satellite deployment: Starship’s 15th test flight reached orbit and deployed 26 Starlink satellites on Friday, but its Super Heavy booster exploded over the Gulf of Mexico after failing to complete its planned return.

The upper stage is scheduled to attempt a landing in Texas on Saturday. – US senators seek Musk’s records on Starlink restrictions in Ukraine: Democratic Senators Jeanne Shaheen and Chris Coons have asked Elon Musk to preserve SpaceX records concerning restrictions on Ukraine’s access to Starlink and Starshield services, setting a November 30 deadline for confirmation.

They cited national security concerns and reported communications disruptions affecting Ukrainian frontline operations and drone defence. Follow the latest world news and major international developments here. This live blog is a rolling curation of the day’s key global stories, with updates added as events unfold and the news agenda changes.

The headline, introduction and Top Developments section will be refreshed throughout the day to reflect the stories that matter most at that moment. Elon Musk has weighed in on Jensen Huang's departure from Nvidia, praising the former CEO's handling of the company's supply chain while warning that his exit could put some crucial business agreements at risk.

In a statement reported by Reuters on November 14, Musk said Huang had managed Nvidia's supply chain exceptionally well, but many of the company's deals were based on personal handshakes with Huang rather than formal written contracts.

Musk added that Nvidia could lose at least some of those critical agreements without Huang at the helm, highlighting the importance of his personal relationships in building the chipmaker's business network. Jensen Huang's sudden departure from Nvidia has brought renewed attention to his leadership style and personal life, with his biographer Stephen Witt making fresh claims about the former chief executive's personality.

Witt, who authored The Thinking Machine in 2025, described Huang as "quite arrogant" in an opinion piece published by The New York Times. He also questioned the image of humility often associated with the Nvidia co-founder.

In the article, Witt alleged that Huang's relationship with Kimberly Powell, an executive in Nvidia's healthcare division who reported to him, was widely known within the company. Citing a former Nvidia employee, Witt further claimed that Huang continued the relationship even when his two children held executive positions at the company.

The former employee allegedly suggested that the relationship gave Huang a "narcissist's high".