Nvidia is now known as one of the more dominating presence within the PC gaming sector. Furthermore, there is also the growing business in data centers that places the graphics card manufacturer to boost its shares by 120-percent in the past year alone. Because of this, co-founder and CEO Jen-Hsun Huang, joins the ranks of the billionaires of the world.
Nvidia CEO Joins the Ranks of Billionaires
Because of the surge of new technologies in the PC gaming sector, especially with virtual gaming in the horizon, along with an array of big videogame titles coming to the PC such as Call of Duty: Infinite Warfare, Mafia 3, and Battlefield 1, the momentum in this particular industry is clear on the side of Nvidia.
Huang, a former micro-processor designer over at semiconductor company Advanced Micro Devices, started the company back in 1993 with Curtis Priem and Chris Malachowsky. With the three working hand-in-hand, they aimed to create chips that could deliver power to full motion videos, along with stereo sound in personal computers everywhere. They have then released the first ever graphics processing unit (GPU) two years later the company was born.
Since the birth of the Nvidia GPU, the firm has been seen to create a name for itself as it also created one of the first 3D processing chips on the market back on the year 1999. Since then, and over a decade later, the global PC market have started skidding down as the popularity of mobile devices became too much of a trend. However, Nvidia continued to press on with its upward swing.
The Santa Clara, California-based tech firm has already placed a strong foothold within a niche yet quite profitable business, which is to sell graphics cards to gamers who own high-powered personal computers, especially to units that has the capability of swapping internal parts in and out.
Computer enthusiasts who constantly keep up with the ever rising technical requirement of the latest titles are now at the mercy of videogame companies and the computer parts manufacturers. However, many of them are not complaining as it meant better graphics and performance for their favorite titles.
Now sitting at the helm of Nvidia for almost two-and-a-half decades, Huang has already been praised for his ability to see and think outside of the box. He is even called by Matt Ramsay, an analyst at investment bank Canaccord Genuity, to be an entrepreneur and a “visionary” who forecasted certain trends such as GPU accelerators in data centers, as well GPU applicability in vehicles.
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