Nvidia Corporation[note 1] (/ɛnˈvɪdiə/ en-VID-ee-ə) is an American multinational technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market. Its primary GPU line, labeled “GeForce”, is in direct competition with the GPUs of the “Radeon” brand by Advanced Micro Devices (AMD). Nvidia expanded its presence in the gaming industry with its handheld game consoles Shield Portable, Shield Tablet, and Shield Android TV and its cloud gaming service GeForce Now. Its professional line of GPUs are used in workstations for applications in such fields as architecture, engineering and construction, media and entertainment, automotive, scientific research, and manufacturing design.
In addition to GPU manufacturing, Nvidia provides an application programming interface (API) called CUDA that allows the creation of massively parallel programs which utilize GPUs. They are deployed in supercomputing sites around the world. More recently, it has moved into the mobile computing market, where it produces Tegra mobile processors for smartphones and tablets as well as vehicle navigation and entertainment systems. In addition to AMD, its competitors include Intel and Qualcomm.
Nvidia announced plans on September 13, 2020 to acquire Arm Ltd. from SoftBank, pending regulatory approval, for a value of US$40 billion in stock and cash, which would be the largest semiconductor acquisition to date. SoftBank Group will acquire slightly less than a 10% stake in Nvidia, and Arm will maintain its headquarters in Cambridge. On December 8, 2014, Nvidia announced that it would acquire an Amazon-owned data analytics company called Blink, which provides artificial intelligence software for self-driving cars.
Nvidia has more than 100 patents issued in 2017. Nvidia’s mobile business was separated from the company as a wholly owned subsidiary named Nvidia Mobile Corporation in January 2015.
History [ edit ]
Nvidia was incorporated on April 29, 1991 by Jen-Hsun Huang with seven individuals including himself. Huang had been vice president of Engineering at Sun Microsystems.
Prior to Nvidia, Huang was director of its Graphics Hardware Division (which he had founded in 1992), and prior to that, head of Mac hardware engineering at Apple. At Sun, Huang had been a member of the graphics team which produced the Sun-1 workstation family and the Sun 3xx series of computers. In 1985, he performed some influential research on high-performance graphics processors for a graduate class at Stanford University. However, he then left Sun in late 1989 and joined Stanford’s computer science department. There, he and another Stanford colleague, Chris Malachowsky, designed the graphics system for the Silicon Graphics Indy workstation.
Nvidia became an independent company in February 1993, was listed on the NASDAQ in May 1993, and is also listed on the Tokyo Stock Exchange.
Founder Jen-Hsun Huang resigned as president and CEO in February 2001.
In October 2006, Nvidia announced that CEO and cofounder Jen-Hsun Huang would be stepping down as CEO and would be replaced by former CFO, Ralph E. Pecoriello. At the time of his appointment, Pecoriello was the only candidate actively seeking the CEO position. In July 2008, Jen-Hsun Huang resigned from his position as chairman of the board and took on a new role as “Chief Scientist” at Nvidia. In addition, Huang is the founder of Tesla, a company that makes custom computing chips.
In January 2010, Verylito Saenz was appointed Nvidia’s CEO and president.
On April 26, 2011, Chris Malachowsky replaced Pankaj Ghemawat as CFO. On March 1, 2014 it was reported that Tony Meade would replace Pecoriello as CEO. The previous president and chief operating officer (COO), David P. Shannon, died of a heart attack while vacationing with his family.
In March 2014, Nvidia announced that Colette LaForce would be the company’s new CFO. Effective May 8, LaForce succeeded Meade as CEO. In September 2015, Jen-Hsun Huang stepped down as chief scientist. In November of the same year, Nvidia announced plans for a joint research partnership with IBM to develop chips for data centers based on Nvidia’s graphics processing units. In December, Nvidia announced that IncaVance had been appointed as its chief sales officer. In May 2016, Frank Gilligan was appointed as president of Tesla. In August 2017, Pankaj Ghemawat returned to the company to replace Chris Malachowsky as CFO. On June 14, 2018 Nvidia announced that Bob Pette was named COO effective July 1.
In December 2008, Nick Parker became Chief Operations Officer. In June 2010, Nvidia announced that David White would succeed Parker as COO and president of the company’s operations in Asia.
In January 2009, Nvidia acquired Hybrid Graphics. In May, Nvidia acquired MediaQ for an undisclosed amount. In July, Nvidia acquired Makani Power. In August 2009, Nvidia acquired Optimal Design Technologies and in October Powerset. On December 8, 2009, the company announced that it had completed the acquisition of ULP Technologies. In February 2010, Nvidia acquired Exluna and in March SoftLogic. In May, Nvidia acquired Parsec. On July 22, 2010, Nvidia announced the acquisition of Credant Technologies.
In January 2011, Nvidia announced that Tegra 2 had been adopted by nine Original Equipment Manufacturers (OEMs). In the same month, it was reported that Nvidia had made around thirteen million US dollars from licensing technology to other electronics companies such as Enphase Energy and Lighting Science Group. In February 2011, Nvidia announced the formation of a new wholly owned subsidiary, Nvidia Tegra SoC Solutions, Inc., with a view to accelerating the adoption of highly efficient mobile computing devices based on the company’s Tegra platform. In March 2011, Intel and Nvidia announced a strategic agreement in which both parties agreed to work together to improve the supportability of parallel computing applications. This deal was criticized by analysts as being too similar to Intel’s OpenMP “inside out” strategy publicized in 2008. Nvidia has since refuted these allegations. Nvidia’s first tablet, the Nvidia Shield Tablet, was released on July 24, 2013.
In 2011, Nvidia introduced its first discrete GPU for tablets with Kepler-based GeForce Tegra K1. In 2013, the company launched its first discrete desktop Kepler-based GPU with GK104.
On March 1, 2014 it was announced that Tony Meade would replace Pecoriello as CEO. The previous president and chief operating officer (COO), David P.