Nvidia CEO Jensen Huang Turned Down a Merger Offer in the Company’s Early Days, According to Insiders. Here’s Why.

Back when Nvidia was a smaller industry player, AMD almost bought it. According to insiders, Nvidia CEO Jensen Huang had a deal-breaking condition that prevented the merger: He wanted to be CEO of the joint company.

Former AMD engineer Hemant Mohapatra shared a behind-the-scenes look into why an AMD-Nvidia alliance never came to fruition in a series of Friday posts on X. Mohapatra worked at AMD for over six years before eventually moving into venture capital.

He wrote that AMD “should have acquired Nvidia — and we tried,” but Huang “clearly thought very long term and was building his ‘Apple strategy'” of locking in users.

Related: Nvidia Long-Term Employees ‘Semi-Retired’ Multimillionaires

“He

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

Artificial intelligence’s thirst for electricity

Artificial intelligence is an electricity hog. Google says its total greenhouse gas emissions climbed nearly 50% over five years, mostly due to electricity that...

The US economy faces a new threat | CNN Business

New York CNN  —  The biggest danger facing the American economy for years has been inflation. Now,...

Samsung workers declare an indefinite strike to campaign for better pay and leave policies | CNN Business

Seoul/New Delhi CNN  —  The largest labor union at Samsung Electronics in South Korea has declared an indefinite strike...