Saturday, February 1, 2025
Only in America
Jensen Huang, CEO of Nvidia, met with Trump yesterday. He is the typical only in America success. The son of Taiwanese American immigrants, he spent his childhood in Taiwan and Thailand before moving to the US where he was a student in Kentucky and Oregon. At the age of nine he was sent to live with his uncle in the US. He quickly learned to speak English and during his teen years he worked the night shift as a busboy and graduated with honors from high school. In 1984 he graduated from Oregon State University at the age of 20 with a BA in Electrical Engineering and later received a masters from Standford. In 1992 he met with two others at a Denny’s to found a new company to make microchips. They scraped together $600 to pay a lawyer to form their company. They secured some venture capital and they were on their way. In 1993 the three co-founders named their company Nvidia and they had no idea what to do. Huang later said it was much harder that he expected and knowing what they were in for he probably would not have gone ahead. After many things went wrong, they finally got going and Huang became CEO. In 1997 the company was down to having only enough money for one month’s payroll and they developed their company motto,” Our company is thirty days from going out of business”.
However, Huang regards the "pain and suffering" of Nvidia's early years as essential to the company's success in later years, because it forced him to become a better leader.
In the last two years the company stock has increased from $14 to $140. Huang is worth $100 billion dollars today.
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