How Nvidia Created the GPU Category

The Company’s Five Critical Steps From Early Failure to $1T Valuation

Nvidia was formed in 1993 with $40,000 in startup capital from its three founders and their family and friends. The company entered the graphics accelerator market in 1995 with the NV1, but the product’s innovative design limited market adoption and nearly sank the company. Fast forward to the Spring of 2023 when the 30 year old company became just the ninth in history to reach a valuation of $1 trillion. Creating an entirely new category of product was…