The Economic Times daily newspaper is available online now.

    Siemens CEO says cooperation with Nvidia will not be affected by leadership uncertainty

    Synopsis

    Siemens's Chief Executive Roland Busch assured that the partnership with Nvidia will persist despite any internal transitions within the company. Current joint initiatives are advantageous for both enterprises. Speculations regarding Nvidia's leadership adjustments have not shaken Siemens's resolve to collaborate. Busch stressed the importance of the alliance as a collective effort rather than focalizing on an individual leader. Siemens is truly optimistic about the future of their projects with Nvidia.

    FILE PHOTO: Siemens logo is seen in this illustration taken February 16, 2025.Reuters
    Siemens Chief Executive Roland Busch said his company would continue to work with Nvidia no matter what the AI chipmaker decides regarding the future of its founder and CEO Jensen Huang.

    Nvidia's board is considering whether to oust Huang as it grapples with the fallout from reports of two extramarital affairs - one with an alleged Chinese spy - involving its longtime leader.

    "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."


    Busch said collaboration between the German engineering group and the world's dominant supplier of AI chips, which includes joint projects, was not dependent upon Huang's ultimate fate.

    "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.

    "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.

    Add ET Logo as a Reliable and Trusted News Source
    The Economic Times

    Stories you might be interested in