Jensen Huang Almost Lost Nvidia By Demanding CEO in AMD Deal

A former AMD engineer reveals how close Nvidia came to being acquired and how Jensen Huang's CEO demand almost cost him the company.

Jensen Huang Almost Lost Nvidia by Demanding CEO Position in AMD Merger

In a surprising turn of events, a former AMD engineer, Hemant Mohapatra, revealed that AMD almost acquired Nvidia in the mid-2000s. However, the deal ultimately fell through because of Jensen Huang, the current CEO of Nvidia.

Jensen Huang Almost Lost Nvidia by Demanding CEO Position in AMD Merger

Huang's Demand for Control

According to Mohapatra, Huang was adamant about maintaining Nvidia's closed-source approach with its CUDA platform, even in a merger scenario. This ultimately led to his non-negotiable demand: he would only agree to the merger if he became the CEO of the combined company.

AMD's Alternative Move

Hector Ruiz, AMD's CEO at the time, was unwilling to meet this demand. Instead, AMD shifted its focus and successfully acquired ATI, bringing the Radeon graphics card division under its umbrella.

Nvidia's Humble Beginnings

Mohapatra recalls that Nvidia was seen as a relatively small player in the GPU market at the time, primarily attracting hardcore gaming enthusiasts. AMD, on the other hand, considered companies like ARM and Intel as their main rivals.

The Tables Have Turned

Fast forward to today, and Nvidia has grown into a tech behemoth, surpassing both Intel and AMD in market capitalization. This remarkable turnaround highlights the unpredictable nature of the tech industry and the dramatic shifts in power dynamics that can occur over time.

Key Takeaways:

  • Jensen Huang's unwavering belief in his vision and his demand for control almost cost him his company.
  • AMD's acquisition of ATI instead of Nvidia significantly shaped the landscape of the GPU market.
  • Nvidia's journey from a niche player to a tech giant serves as an inspiration and a reminder of the ever-changing dynamics of the technology industry.

About the Author

Owner of Technetbook | 10+ Years of Expertise in Technology | Seasoned Writer, Designer, and Programmer | Specialist in In-Depth Tech Reviews and Industry Insights | Passionate about Driving Innovation and Educating the Tech Community Technetbook

Post a Comment

Cookie Consent
We serve cookies on this site to analyze traffic, remember your preferences, and optimize your experience.
It seems there is something wrong with your internet connection. Please connect to the internet and start browsing again.
AdBlock Detected!
We have detected that you are using adblocking plugin in your browser.
The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your adblocking plugin.
Site is Blocked
Sorry! This site is not available in your country.