Nvidia was almost bankrupt in 1996, but 30 years later it's worth $4.3 trillion. Here's how they did it:
- In 1996, they were 30 days from going out of business and laid off 50% of staff
- In 1997, Sega invested $5M into Nvidia, which helped them pivot to a new GPU architecture
- By 1999, Nvidia went public and launched the GeForce 256, dominating the PC gaming market
- In the 2000s, they invested in developing CUDA, a software platform for AI and scientific computing
- In 2016, Jensen hand-delivered the world's 1st AI supercomputer to Elon Musk's OpenAI
- In 2022, Nvidia's stock fell 66%, but they bounced back after OpenAI launched ChatGPT
- By 2025, Nvidia became the most valuable company in the world, worth $4.3 trillion, with Jensen owning 3.5% worth $150+ billion #BinanceHODLerAT #BTCRebound90kNext? #TrumpTariffs #USJobsData #USJobsData $ETH
