History of Nvidia in Timeline
Nvidia Corporation, founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, is a multinational technology company based in Santa Clara, California. It specializes in designing and supplying graphics processing units (GPUs), APIs for data science and high-performance computing, and system on a chip units (SoCs) for mobile computing and the automotive market. Nvidia is a key player in artificial intelligence (AI) hardware and software. The company outsources the manufacturing of its designed hardware.
1992: Initial agreement to start Nvidia.
In late 1992, Jensen Huang, Chris Malachowsky and Curtis Priem met and agreed to start the company in a meeting in Denny's roadside diner on Berryessa Road in East San Jose.
December 31, 1992: Curtis Priem Resigns from Sun
On December 31, 1992, Curtis Priem resigned from Sun Microsystems, putting pressure on Huang and Malachowsky to also leave their respective companies to start Nvidia.
April 5, 1993: Nvidia Founded
On April 5, 1993, Nvidia was founded by Jensen Huang, Chris Malachowsky, and Curtis Priem. The initial agreement to start the company was made in late 1992.
1993: Nvidia Corporation Founded
In 1993, Nvidia Corporation was founded by Jensen Huang, Chris Malachowsky, and Curtis Priem. The company designs and supplies GPUs, APIs, and SoCs, focusing on AI hardware and software, while outsourcing hardware manufacturing.
1993: Founders Begin Working Together
In early 1993, the three founders of Nvidia began working together on their new startup in Priem's townhouse in Fremont, California.
1996: Nvidia Lays Off Employees
In 1996, Nvidia laid off more than half of its employees, reducing headcount from 100 to 40, and focused on developing the RIVA 128 graphics accelerator.
August 1997: RIVA 128 Released
In August 1997, Nvidia released the RIVA 128 graphics accelerator. The company had only enough money left for one month's payroll at the time.
1998: RIVA TNT Release
In 1998, the release of the RIVA TNT helped solidify Nvidia's reputation as a leader in graphics technology.
January 22, 1999: Nvidia Goes Public
Nvidia went public on January 22, 1999.
1999: GeForce 256 Release
In late 1999, Nvidia released the GeForce 256 (NV10), its first product expressly marketed as a GPU, which introduced onboard transformation and lighting (T&L) to consumer-level 3D hardware.
December 2000: Nvidia Agrees to Acquire 3dfx's Assets
In December 2000, Nvidia reached an agreement to acquire the intellectual assets of 3dfx, a pioneer in consumer 3D graphics technology.
2000: Sega Sells Nvidia Stock
After Irimajiri left Sega in 2000, Sega sold its Nvidia stock for $15 million.
2000: Nvidia Acquires 3dfx's intellectual assets
In 2000, Nvidia acquired 3dfx's intellectual assets.
April 2002: Nvidia Finalizes Acquisition of 3dfx
In April 2002, Nvidia finalized the acquisition of the intellectual assets of 3dfx.
July 2002: Nvidia Acquires Exluna
In July 2002, Nvidia acquired Exluna, a company that made software-rendering tools.
August 2003: Nvidia Acquires MediaQ
In August 2003, Nvidia acquired MediaQ for approximately US$70 million.
April 22, 2004: Nvidia Acquires iReady
On April 22, 2004, Nvidia acquired iReady, a provider of high-performance TCP offload engines and iSCSI controllers.
December 2004: Nvidia Assists Sony with PlayStation 3 Graphics
In December 2004, Nvidia assisted Sony with the design of the graphics processor (RSX) for the PlayStation 3 game console.
December 14, 2005: Nvidia Acquires ULI Electronics
On December 14, 2005, Nvidia acquired ULI Electronics, a supplier of third-party southbridge parts for chipsets to ATI, Nvidia's competitor.
March 2006: Nvidia Acquires Hybrid Graphics
In March 2006, Nvidia acquired Hybrid Graphics.
December 2006: Nvidia Receives Subpoena from U.S. Department of Justice
In December 2006, Nvidia, along with AMD, received subpoenas from the U.S. Department of Justice regarding possible antitrust violations in the graphics card industry.
January 5, 2007: Nvidia Acquires PortalPlayer, Inc.
On January 5, 2007, Nvidia announced that it had completed the acquisition of PortalPlayer, Inc.
February 2008: Nvidia Acquires Ageia
In February 2008, Nvidia acquired Ageia, the developer of PhysX, a physics engine and physics processing unit, with plans to integrate PhysX into future GPUs.
July 2008: Nvidia Takes Write-Down Due to Chipset Defects
In July 2008, Nvidia took a write-down of approximately $200 million due to manufacturing defects causing "abnormal failure rates" in certain mobile chipsets and GPUs.
September 2008: Nvidia Faces Class Action Lawsuit
In September 2008, Nvidia became the subject of a class action lawsuit over defects in its GPUs, which were incorporated into laptops from Apple Inc., Dell, and HP.
2009: Nvidia GPUs and the "big bang" of deep learning
In 2009, Nvidia was involved in what was called the "big bang" of deep learning, "as deep-learning neural networks were combined with Nvidia graphics processing units (GPUs)".
2009: Inception of GPU Technology Conference (GTC)
In 2009, Nvidia's GPU Technology Conference (GTC) originated in San Jose, California, initially focusing on solving computing challenges through GPUs.
September 2010: Nvidia Reaches Settlement in Lawsuit
In September 2010, Nvidia reached a settlement to reimburse owners of affected laptops for repairs or replacements related to the faulty GPUs.
January 10, 2011: Nvidia and Intel Sign Cross-Licensing Agreement
On January 10, 2011, Nvidia and Intel signed a six-year, $1.5 billion cross-licensing agreement, ending all litigation between the two companies.
May 2011: Nvidia Acquires Icera
In May 2011, Nvidia announced that it had agreed to acquire Icera, a baseband chip making company in the UK, for $367 million.
November 2011: Nvidia Releases Tegra 3
In November 2011, Nvidia released its ARM-based system on a chip for mobile devices, Tegra 3, which they claimed featured the first-ever quad-core mobile CPU.
2012: Linus Torvalds' Criticism of Nvidia
In a 2012 talk, Linus Torvalds criticized Nvidia's approach towards Linux, expressing dissatisfaction with the proprietary nature of Nvidia's drivers.
January 2013: Nvidia Unveils Tegra 4 and Nvidia Shield
In January 2013, Nvidia unveiled the Tegra 4, as well as the Nvidia Shield, an Android-based handheld game console powered by the new system on a chip.
February 2013: Nvidia Announces New Headquarters Plans
In February 2013, Nvidia announced its plans to build a new headquarters consisting of two giant triangle-shaped buildings, reflecting the triangle as a fundamental element in computer graphics.
July 29, 2013: Nvidia Acquires PGI from STMicroelectronics
On July 29, 2013, Nvidia announced that they acquired PGI from STMicroelectronics.
September 23, 2013: Lack of Documentation for Advanced Hardware
Until September 23, 2013, Nvidia had not published any documentation for its advanced hardware, hindering the development of free and open-source device drivers.
November 6, 2014: Nvidia Prevails in Litigation with 3dfx Trustee
On November 6, 2014, Nvidia prevailed in litigation brought by the trustee of 3dfx's bankruptcy estate, affirming that Nvidia paid fair market value for assets purchased from 3dfx.
2014: Nvidia Ports Valve Games and Diversifies Business
In 2014, Nvidia ported the Valve games Portal and Half Life 2 to its Nvidia Shield tablet as Lightspeed Studio. Since 2014, Nvidia has diversified its business focusing on gaming, automotive electronics, and mobile devices.
2014: Nvidia Requires Firmware for Maxwell GPUs
In 2014, with Maxwell GPUs, Nvidia started to require firmware to unlock all features of its graphics cards.
February 2015: Class-Action Lawsuit Filed Against Nvidia and Gigabyte Technology
In February 2015, a class-action lawsuit alleging false advertising was filed against Nvidia and Gigabyte Technology in the U.S. District Court for Northern California, related to the GTX 970.
February 26, 2015: Nvidia CEO Apologizes for GTX 970 Incident
On February 26, 2015, Nvidia CEO Jen-Hsun Huang apologized for the GTX 970 incident on Nvidia's official blog.
April 2016: Nvidia Produced DGX-1
In April 2016, Nvidia produced the DGX-1 based on an 8 GPU cluster, to improve the ability of users to use deep learning by combining GPUs with integrated deep learning software.
May 6, 2016: Nvidia Unveils GeForce 10 Series GPUs
On May 6, 2016, Nvidia unveiled the first GPUs of the GeForce 10 series, the GTX 1080 and 1070, based on the new Pascal microarchitecture. Nvidia claimed that both models outperformed its Maxwell-based Titan X model.
July 2016: Nvidia Settles False Advertising Lawsuit
In July 2016, Nvidia agreed to a settlement for a false advertising lawsuit regarding its GTX 970 model, due to limitations preventing it from using all advertised 4 GB of VRAM.
July 27, 2016: Nvidia Agrees to Preliminary Settlement in GTX 970 Class Action Lawsuit
On July 27, 2016, Nvidia agreed to a preliminary settlement of the U.S. class action lawsuit, offering a $30 refund on GTX 970 purchases.
August 2016: Nvidia Gifts DGX-1 to OpenAI
In August 2016, Nvidia gifted its first DGX-1 to OpenAI to help it train larger and more complex AI models with the capability of reducing processing time from six days to two hours.
November 2016: Google Installs Nvidia Tesla K80 and P100 GPU-Based Virtual Machines
In November 2016, Google installed Nvidia Tesla K80 and P100 GPU-based virtual machines, which are available through Google Cloud.
May 2017: Nvidia Partners with Toyota
In May 2017, Nvidia announced a partnership with Toyota, which would use Nvidia's Drive PX-series artificial intelligence platform for its autonomous vehicles.
May 2017: Nvidia's Inception Program Reaches 1,300 Companies
In May 2017, Nvidia's Inception Program, which supports AI and data science startups, had 1,300 companies.
July 2017: Nvidia and Baidu Announce AI Partnership
In July 2017, Nvidia and Baidu announced a far-reaching AI partnership including cloud computing, autonomous driving, consumer devices, and Baidu's PaddlePaddle. Nvidia's Drive PX 2 AI will be the foundation of Baidu's autonomous-vehicle platform.
December 7, 2017: Titan V Officially Released
On December 7, 2017, Nvidia officially released the Titan V.
2017: Nvidia's Max-Q Design Standard
As of late 2017, laptops including the GeForce 10 series GPUs that are sufficiently thin have been designated as meeting Nvidia's "Max-Q" design standard.
2017: GPUs Brought Online at Riken Center for Advanced Intelligence Project
In 2017, Nvidia's GPUs were brought online at the Riken Center for Advanced Intelligence Project for Fujitsu, leading to a boost in the company's earnings.
March 1, 2018: Announcement of product
First announced in a blog post on March 1, 2018.
March 2018: Nvidia's Inception Program reaches 2,800 startups
As of March 2018, there were 2,800 startups in Nvidia's Inception Program.
March 27, 2018: Nvidia Quadro GV100 Released
On March 27, 2018, Nvidia officially released the Nvidia Quadro GV100.
May 2018: Nvidia forum discussion on macOS Mojave web drivers
In May 2018, a thread was started on the Nvidia user forum asking Nvidia to update users about the release of web drivers for its cards installed on legacy Mac Pro machines running macOS Mojave 10.14, to enable graphics acceleration and multiple display monitor capabilities.
May 2018: Nvidia Researchers Develop Robot Learning System
In May 2018, researchers at Nvidia's AI department realized a robot can learn to perform a job by observing a person, creating a system usable for controlling next-gen universal robots after revision and testing.
September 27, 2018: RTX 2080 GPUs Released
On September 27, 2018, Nvidia officially released the RTX 2080 GPUs.
2018: Google Integrates Nvidia's Tesla P4 into Google Cloud
In 2018, Google announced that Nvidia's Tesla P4 graphic cards would be integrated into Google Cloud service's artificial intelligence.
2018: Nvidia's Chips Became Popular for Cryptomining
In 2018, Nvidia's chips became popular for cryptomining, the process of obtaining crypto rewards in exchange for verifying transactions on distributed ledgers, the U.S. Securities and Exchange Commission (SEC) said.
January 2019: Apple Insider claim about Nvidia support abandonment in macOS
In January 2019, Apple Insider claimed that Apple management "doesn't want Nvidia support in macOS" due to relational issues and Apple's development of its own GPU technology, with no sign of enabling web drivers.
March 11, 2019: Nvidia to buy Mellanox Technologies
On March 11, 2019, Nvidia announced a deal to buy Mellanox Technologies for $6.9 billion to expand its footprint in the high-performance computing market.
May 2019: Nvidia announces new RTX Studio laptops
In May 2019, Nvidia announced new RTX Studio laptops that are claimed to be seven times faster than a top-end MacBook Pro in apps like Maya and RedCine-X Pro.
August 2019: Nvidia announces Minecraft RTX
In August 2019, Nvidia announced Minecraft RTX, an official Nvidia-developed patch for the game Minecraft adding real-time DXR ray tracing exclusively to the Windows 10 version of the game.
2019: Tesla to stop using Nvidia hardware
In 2019, Musk announced at Tesla Autonomy Day that Tesla, Inc. developed its own SoC and full self-driving computer now and would stop using Nvidia hardware for their vehicles.
2019: Nvidia Q2 sales compared to 2020
In Q2 of 2020, Nvidia reported sales of $3.87 billion, which was a 50% rise from the same period in 2019.
May 14, 2020: Nvidia announces Ampere GPU microarchitecture and Nvidia A100 GPU
On May 14, 2020, Nvidia officially announced their Ampere GPU microarchitecture and the Nvidia A100 GPU accelerator.
May 2020: Nvidia acquires Cumulus Networks
In May 2020, Nvidia announced it was acquiring Cumulus Networks, which was then absorbed into Nvidia's networking business unit along with Mellanox.
May 2020: Nvidia develops open-source ventilator
In May 2020, Nvidia developed an open-source ventilator to address the shortage resulting from the global coronavirus pandemic.
July 2020: Nvidia in talks to buy Arm
In July 2020, it was reported that Nvidia was in talks with SoftBank to buy Arm, a UK-based chip designer, for $32 billion.
September 1, 2020: Nvidia announces GeForce 30 series
On September 1, 2020, Nvidia officially announced the GeForce 30 series based on the company's new Ampere microarchitecture.
September 13, 2020: Nvidia to buy Arm from SoftBank Group
On September 13, 2020, Nvidia announced that they would buy Arm from SoftBank Group for $40 billion, subject to scrutiny, with SoftBank retaining a 10% share of Nvidia.
September 2020: Nvidia attempts to acquire Arm
In September 2020, Nvidia's attempt to acquire Arm from SoftBank was initiated, but the deal was later terminated due to regulatory scrutiny.
October 2020: Nvidia retires Quadro workstation GPU brand
In October 2020, Nvidia announced it is retiring its workstation GPU brand Quadro and shifting its product name to Nvidia RTX for future products, manufacturing to be Nvidia Ampere architecture-based.
October 2020: Nvidia announces plan to build Cambridge-1 computer
In October 2020, Nvidia announced its plan to build the Cambridge-1, the most powerful computer in Cambridge, England, with a $100 million investment.
December 10, 2020: Nvidia Bans Hardware Unboxed from Receiving Review Samples
On December 10, 2020, Nvidia informed Steven Walton of Hardware Unboxed that they would no longer receive GeForce Founders Edition graphics card review units due to their focus on rasterization instead of ray tracing.
2020: Nvidia's Fiscal Year 2020 Earnings
For the fiscal year 2020, Nvidia reported earnings of US$2.796 billion, with an annual revenue of US$10.918 billion, a decline of 6.8% over the previous fiscal cycle.
2020: GTC 2020 converted to a digital event
GTC 2020 was converted to a digital event and drew roughly 59,000 registrants.
2020: Nvidia Unveils Omniverse and Open-Sources Isaac Sim
In 2020, Nvidia unveiled "Omniverse", a virtual environment for engineers, and open-sourced Isaac Sim, which uses Omniverse to train robots via physics-based simulations.
2020: Nvidia's Q2 2020 Sales Surge
In Q2 of 2020, Nvidia reported sales of $3.87 billion, a 50% increase from the same period in 2019, driven by higher demand for computer technology due to the pandemic.
January 2021: Nvidia's Market Capitalization
In January 2021, Nvidia's shares traded at over $531 per share, and its market capitalization was valued at over US$328.7 billion.
July 2021: Launch of Cambridge-1 supercomputer
In July 2021, the Cambridge-1 supercomputer launched with a $100 million investment, to employ AI to support healthcare research.
August 2021: Nvidia's Inception Program Surpasses 8,500 Members
As of August 2021, Nvidia's Inception Program has surpassed 8,500 members in 90 countries, with cumulative funding of US$60 billion.
August 2021: UK's CMA raises concerns about Arm takeover
In August 2021, the proposed takeover of Arm was stalled after the UK's Competition and Markets Authority raised "significant competition concerns".
October 2021: European Commission opens investigation into Nvidia's takeover of Arm
In October 2021, the European Commission opened a competition investigation into Nvidia's takeover of Arm.
February 2022: Nvidia's Acquisition of Arm Terminated
In February 2022, Nvidia's attempt to acquire Arm from SoftBank was terminated following extended regulatory scrutiny.
February 2022: SoftBank and Nvidia agree not to move forward with Arm transaction
In early February 2022, SoftBank and Nvidia announced that they "had agreed not to move forward with the transaction 'because of significant regulatory challenges'" regarding the proposed takeover of Arm.
March 15, 2022: Investigation end date and reported cyberattack
On March 15, 2022, the investigation regarding Arm acquisition was set to end. That same month, Nvidia was reportedly compromised by a cyberattack.
March 2022: Nvidia open to Intel manufacturing their chips
In March 2022, Nvidia's CEO Jensen Huang mentioned that they are open to having Intel manufacture their chips in the future.
April 2022: Nvidia plans to open research center in Yerevan, Armenia
In April 2022, it was reported that Nvidia planned to open a new research center in Yerevan, Armenia.
May 12, 2022: Nvidia Opensources GPU Kernel Modules
On May 12, 2022, Nvidia announced that they are opensourcing their GPU kernel modules.
May 2022: Nvidia Settles SEC Charges for $5.5 Million
According to a statement made by the SEC in May 2022, Nvidia agreed to pay $5.5 million to settle civil charges for failing to disclose that cryptomining was a significant element of its revenue growth from sales of gaming chips.
May 2022: Nvidia opens Voyager building at new headquarters
In May 2022, Nvidia opened Voyager, the second of the two giant buildings at its new headquarters complex.
September 2022: Nvidia collaborates with Broad Institute of MIT and Harvard
In September 2022, Nvidia announced a collaboration with the Broad Institute of MIT and Harvard related to Nvidia's Clara healthcare software suite, including Parabricks and MONAI.
September 2022: Nvidia announces Drive Thor automotive-grade chip
In September 2022, Nvidia announced its next-generation automotive-grade chip, Drive Thor.
October 2022: US places export embargo on advanced microchips to China
Following U.S. Department of Commerce regulations in October 2022, Nvidia saw its data center chip added to the export control list.
May 2023: Nvidia Crosses $1 Trillion Market Valuation
In May 2023, Nvidia's market valuation crossed $1 trillion during trading hours, and grew to $1.2 trillion by the following November. For its strength, size and market capitalization, Nvidia has been selected to be one of Bloomberg's "Magnificent Seven", the seven biggest companies on the stock market in these regards.
September 2023: Getty Images partners with Nvidia to launch Generative AI tool
In September 2023, Getty Images announced that it was partnering with Nvidia to launch Generative AI by Getty Images, a new tool that lets people create images using Getty's library of licensed photos.
September 26, 2023: Celebration of Nvidia's founding at Denny's
On September 26, 2023, Denny's CEO Kelli Valade joined Huang in East San Jose to celebrate the founding of Nvidia at Denny's, marking the corner booth as the birthplace of a $1 trillion company.
October 2023: Nvidia designing ARM-based CPUs for Windows
In October 2023, it was reported that Nvidia had quietly begun designing ARM-based central processing units (CPUs) for Microsoft's Windows operating system.
2023: Nvidia Valued at Over $1 Trillion
In 2023, Nvidia became the seventh public U.S. company to be valued at over $1 trillion, driven by growing demand for data center chips with AI capabilities.
2023: Nouveau Implements Nvidia Firmware Support
In 2023, Support for Nvidia's firmware was implemented in nouveau, which allows proper power management and GPU reclocking for Turing and newer graphics card generations.
2023: Nvidia Leads Discrete GPU Sales
In the second quarter of 2023, Nvidia held a market share of 80.2% in global sales of discrete desktop GPUs. Nvidia also expanded its gaming presence with products like Shield Portable, Shield Tablet, Shield TV, and the GeForce Now cloud gaming service.
January 2024: H100 GPU pricing
As of January 2024, Raymond James Financial analysts estimated that Nvidia was selling the H100 GPU in the price range of $25,000 to $30,000 each, while on eBay, individual H100s cost over $40,000.
January 2024: Nvidia increases lobbying presence in Washington, D.C.
In January 2024, Forbes reported that Nvidia has increased its lobbying presence in Washington, D.C. as American lawmakers consider proposals to regulate artificial intelligence.
February 2024: Nvidia as 'hot employer' in Silicon Valley
In February 2024, it was reported that Nvidia was the "hot employer" in Silicon Valley because it was offering interesting work and good pay at a time when other tech employers were downsizing.
March 1, 2024: Nvidia closes with market cap over $2 trillion
On March 1, 2024, Nvidia became the third company in the history of the United States to close with a market capitalization in excess of $2 trillion.
March 2024: GTC Conference Returns to In-Person Format
After several years of remote-only events, Nvidia's GPU Technology Conference (GTC) returned to an in-person format in San Jose, California, in March 2024.
March 2024: Nvidia's key management
As of March 2024 consists of Nvidia's key management.
June 2024: Nvidia Briefly Overtakes Microsoft
In June 2024, Nvidia briefly surpassed Microsoft as the world's most valuable publicly traded company, reaching a market capitalization of over $3.3 trillion.
June 2024: Trend Micro and Nvidia partner for AI-driven security tools
In June 2024, Trend Micro announced a partnership with Nvidia to develop AI-driven security tools, notably to protect the data centers where AI workloads are processed.
June 2024: FTC and DOJ launch antitrust investigations into Nvidia
In June 2024, the Justice Department (DOJ) began antitrust investigations into Nvidia, focusing on their influence in the AI industry.
October 2024: Nvidia Introduces NVLM 1.0
In October 2024, Nvidia introduced a family of open-source multimodal large language models called NVLM 1.0, which features a flagship version with 72 billion parameters, designed to improve text-only performance after multimodal training.
November 2024: Nvidia's Blackwell chips are sold out
In November 2024, Morgan Stanley reported that "the entire 2025 production" of all of Nvidia's Blackwell chips was "already sold out".
November 2024: Nvidia added to Dow Jones Industrial Average
In November 2024, Nvidia was added to the Dow Jones Industrial Average.
November 2024: Nvidia buys shares of Nebius Group
In November 2024, the company bought 1.2 million shares of Nebius Group.
November 2024: Nvidia's board of directors
As of November 2024, Nvidia's board consisted of specific directors (not named in the provided text).
2024: Nvidia's Market Capitalization
As of late Q3 2024, Nvidia's market cap is around US$2.98 trillion.
2024: Huang Focuses Nvidia on Humanoid Robots and Self-Driving Cars
In 2024, Nvidia CEO Huang oriented the company's focus towards humanoid robots and self-driving cars, anticipating their widespread adoption.
2024: Nvidia ranked #3 on Forbes' 'Best Places to Work' list
In 2024, Nvidia was ranked #3 on Forbes' "Best Places to Work" list.
2024: Nvidia's Largest Shareholders in Early 2024
In early 2024, the company's 10 largest shareholders were determined (but not listed in the provided text).
January 2025: Nvidia experiences largest one-day loss in market capitalization
In January 2025, Nvidia experienced the largest one-day loss in market capitalization for a U.S. company in history at $600 billion due to DeepSeek's advanced AI model.
2025: Jensen Huang Remains CEO
As of 2025, Jensen Huang remains the CEO of Nvidia.
2080: Integration of Tesla P4 Graphic Cards into Google Cloud
In 2018, Google announced that Nvidia's Tesla P4 graphic cards would be integrated into Google Cloud service's artificial intelligence.
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