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Siemens CEO says cooperation with Nvidia will no be affected by leadership uncertainty - Finance news and analysis from Global Banking & Finance Review
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Siemens CEO says cooperation with Nvidia will no be affected by leadership uncertainty

Published by Global Banking & Finance Review

Posted on November 12, 2026

2 min read

· Last updated: November 12, 2026

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Siemens Stands By Nvidia Partnership Regardless of CEO Leadership Changes

Siemens Reaffirms Commitment Amid Nvidia Leadership Uncertainty

Siemens CEO Comments on Nvidia Partnership

ZURICH, Nov 12 (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 Board's Deliberations

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.

Siemens' Perspective on Partnership Continuity

Independence of Joint Projects

"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."

Collaboration Beyond Individual Leadership

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.

Media Focus and Company-Level Partnership

"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.

(Reporting by John Revill; Editing by Joe Bavier)

Key Takeaways

  • Siemens sees its Nvidia cooperation as robust and embedded at multiple levels, independent of any leadership changes at Nvidia.
  • The partnership includes extensive industrial AI initiatives—from digital twins to AI‑powered factories—demonstrating operational depth beyond individual figures.
  • The reaffirmation comes as Nvidia’s board contemplates Huang’s fate after revelations of affairs, including with a suspected Chinese intelligence operative, prompting investigation and possible CEO replacement.

Frequently Asked Questions

Will Siemens continue working with Nvidia if there are changes in Nvidia's leadership?
Yes, Siemens CEO Roland Busch confirmed that cooperation with Nvidia will continue regardless of changes to Nvidia's leadership.
Is Siemens' collaboration with Nvidia dependent on CEO Jensen Huang?
No, Siemens' partnership with Nvidia, including joint projects, is not dependent on Jensen Huang's position.
What did Roland Busch say about media focus on Nvidia's CEO?
Busch stated that there is too much focus on one individual and emphasized that the partnership is between companies, not individuals.
How might reported controversies around Nvidia impact its partnership with Siemens?
According to Siemens, ongoing projects and partnerships with Nvidia are not influenced by these controversies.

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