Siemens Wants to Continue NVIDIA Partnership Even If Jensen Huang is Ousted

In the wake of the NVIDIA crisis, German industrial group Siemens said it will keep working with the chipmaker regardless of what the company’s board decides about Founder and CEO Jensen Huang, Siemens CEO Roland Busch said. 

NVIDIA's board is considering whether to oust Huang after reports of two extramarital affairs, one with an alleged Chinese spy.

"We are talking about a relatively big company with a large team," Busch told reporters after Siemens' fourth-quarter results, Reuters reported. Because of this, many projects will go ahead regardless of what is happening at NVIDIA.

Siemens’ relationship with NVIDIA began in 2022 with work on the industrial metaverse involving digital twins of factories and products. The two expanded the partnership in January this year with an industrial AI operating system launched at the Consumer Electronics Show. 

Under the collaboration, NVIDIA provides artificial intelligence (AI) infrastructure, simulation libraries, models, and frameworks. Siemens commits industrial AI experts and its hardware and software.

"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 recently.

The first fully AI-driven factories were to start this year, beginning with Siemens' electronics plant in Erlangen, Germany. Siemens will use graphics processing units (GPUs) to accelerate its entire simulation portfolio. 

The companies will develop a blueprint for AI factories, the data centres that run AI workloads, and add AI tools for chip design. "Together, we are building the Industrial AI operating system," Busch had said then.

Siemens has since tested a humanoid robot at Erlangen and, using NVIDIA chip technology, captured tens of trillions of chip verification cycles in a few days, the company 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," Busch said during the company’s recently released Q4 FY26 results.

Siemens reported better-than-expected fourth-quarter profit and raised its mid-term outlook, Reuters reported. Industrial profit rose 22% to €3.89 billion ($4.33 billion), a record, beating the €3.71 billion ($4.11 billion) forecast in a company-compiled consensus. Net income rose 32% to €2.43 billion ($2.69 billion), driven heavily by soaring demand for AI infrastructure and data centre solutions.