Goodbye, Jensen Huang. The 33-year Nvidia era has come to an end.
In 1993, at 30 years old, he and two friends decided to make 3D graphics chips at a Denny’s in San Jose.
33 years later, he had taken the company to a valuation of “$5 trillion,” making it No. 1 in the world.
He came close to losing it all several times along the way:
In 1996, the company was just “30 days” from going under. It laid off half its employees and bet its last remaining cash on the RIVA 128.
In 2006, he bet on CUDA, burning money for a decade while nobody understood it. It would later become the cornerstone of Nvidia’s ecosystem.
In 2022, mining demand disappeared, warehouses filled up with graphics card inventory, a $40 billion acquisition of Arm fell through, and the stock plunged “66%.”
Then ChatGPT arrived.
CUDA, which nobody had understood for a decade, became the foundation of AI worldwide overnight, and Nvidia’s GPUs sold out everywhere.
From its IPO to today, Nvidia has risen “4,051-fold.”
33 years. A tribute to the man in the leather jacket.
#JensenHuang #Nvidia #NVDA #AiCoin
In 1993, at 30 years old, he and two friends decided to make 3D graphics chips at a Denny’s in San Jose.
33 years later, he had taken the company to a valuation of “$5 trillion,” making it No. 1 in the world.
He came close to losing it all several times along the way:
In 1996, the company was just “30 days” from going under. It laid off half its employees and bet its last remaining cash on the RIVA 128.
In 2006, he bet on CUDA, burning money for a decade while nobody understood it. It would later become the cornerstone of Nvidia’s ecosystem.
In 2022, mining demand disappeared, warehouses filled up with graphics card inventory, a $40 billion acquisition of Arm fell through, and the stock plunged “66%.”
Then ChatGPT arrived.
CUDA, which nobody had understood for a decade, became the foundation of AI worldwide overnight, and Nvidia’s GPUs sold out everywhere.
From its IPO to today, Nvidia has risen “4,051-fold.”
33 years. A tribute to the man in the leather jacket.
#JensenHuang #Nvidia #NVDA #AiCoin