Will NVIDIA Leadership Changes Affect Siemens Partnership?

Siemens CEO Roland Busch says the company's partnership with NVIDIA will continue regardless of decisions about CEO Jensen Huang, stressing that joint projects depend on cooperation between both companies.
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Written By:
Akshita Pidiha
Reviewed By:
Achu Krishnan
Published on: 
Updated on: 

Siemens will continue its cooperation with NVIDIA regardless of any leadership changes at the US chipmaker, Siemens Chief Executive Roland Busch said on November 12. He stressed that ongoing projects between the companies do not depend on the future of NVIDIA CEO Jensen Huang.

Busch made the comments shortly after Siemens announced its fourth-quarter earnings. They came amid reports about NVIDIA's board reviewing Jensen Huang's future as CEO following allegations concerning his personal life. 

The allegations have raised questions about NVIDIA's leadership, although their potential impact on the company's operations remains unclear. According to Busch, Siemens' relationship with NVIDIA is based on their overall employee base and business ventures together.

"We are talking about ​a relatively big company with a large team," Busch told reporters after Siemens' fourth-quarter results. "So the projects we have, ​they will continue independently of what's ​happening at NVIDIA."

The Siemens chief said the German engineering group had no reason to link its existing collaboration with decisions about NVIDIA's leadership.

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Joint Projects Depend on Companies

Busch warned that it would be erroneous to place too much emphasis on one of the executives in the analysis of the collaboration. According to him, the collaboration entailed the participation of teams from both organizations.

"I believe that we ​are too ​much focused ⁠on one individual. And that is, of course, the result of ​all the hype in the media," ​Busch ⁠said.

He further pointed out that NVIDIA’s workers were collaborating with the Siemens workers to implement their initiatives together. He said that the system was one of collaboration between two organizations and not that of any individual.

"We have NVIDIA people working together with us on our side. We have joint projects. ⁠And ​honestly, I don't see any ​kind of influence. It's a partnership between companies," he ​said.

Busch’s statement reveals that Siemens doesn’t believe any doubt surrounding NVIDIA’s leadership will affect its collaboration with the company. Siemens plans to go ahead with their projects regardless of whatever decision NVIDIA’s board of directors makes regarding Huang.

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