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Nvidia CEO Huang Said No to AMD Deal Using ‘Apple Strategy’

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Nvidia CEO Huang Said No to AMD Deal Using 'Apple Strategy'

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 refused to sell unless he was made the joint company’s CEO to align with this strategy,” Mohapatra wrote. “AMD blinked and our future trajectories splintered forever.”

Current AMD engineer Phil Park confirmed Mohapatra’s account on Friday, writing, “I’ve never met Hemant, and though there are a few things where I have a different opinion, the anecdote about Jensen wanting to be CEO is true.”

Related: Is It Too Late To Buy Nvidia? Ex-Morgan Stanley VP Weighs In

A 2012 Forbes article further confirms the possible Nvidia-AMD merger and gives it more of a concrete time frame.

According to the piece, Nvidia almost became part of AMD in 2006 as AMD tried to get ahead of Intel by adding a graphics arm. After Huang wanted to be CEO of the combined tech company, AMD acquired Nvidia’s rival ATI for $5.4 billion in July 2006 instead.

At the time of writing, Nvidia’s $3.1 trillion market cap is over ten times more than AMD’s $288 billion.

Related: Elon Musk Praises Nvidia CEO Jensen Huang’s Leadership Style

Nvidia “stuck to their guns, and the market came to them eventually when AI took off,” Mohapatra wrote. “Most give up, Jensen just kept going harder.”

Nvidia CEO Jensen Huang in June 2024. SAM YEH/AFP via Getty Images

Nvidia has been making graphics chips for more than 30 years and started working towards AI and deep learning in 2006.

The multi-year, multi-billion dollar effort gave Nvidia a head start in the AI race: Nvidia’s chips are now the brains of OpenAI’s ChatGPT.

Nvidia also has over 80% of the AI chip market, though competition is intensifying as some of its biggest tech clients focus on making chips in-house.

Related: Nvidia CEO Jensen Huang Reveals His Competition Strategy



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Go Paperless with the PDF Reader Pro for $49.99

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Go Paperless with the PDF Reader Pro for $49.99

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

If you’re tired of wrestling with endless piles of paper or struggling to manage digital documents across multiple apps, this could be your solution. It’s time to streamline your workflow and embrace the simplicity of an all-in-one PDF reader.

With PDF Reader Pro, you can seamlessly edit, sign, and manage your documents all in one place for just $49.99 (reg. $159) for life. This powerful tool will help you transform your office into a paperless, more efficient environment—one that prioritizes productivity and organization.

PDF Reader Pro isn’t just another document viewer. It’s more of a comprehensive PDF solution designed to tackle any task, whether you need to make quick edits or securely sign contracts.

From filling out forms to managing multiple files in a single document, PDF Reader Pro has the versatility and tools to help your business function more efficiently:

  • Edit, merge, and split PDFs effortlessly—perfect for combining reports or breaking up large files.
  • Convert PDFs to DOCX, PNG, and TXT formats to ensure your documents are easily shareable and editable.
  • Sign contracts and agreements digitally using the built-in signature tools; no printing is required.
  • Secure your documents by adding or removing passwords to control access.

Imagine eliminating the time spent searching for physical files, organizing stacks of papers, or running back and forth to the printer. With PDF Reader Pro, you can digitize your entire workflow, ensuring your files are accessible, organized, and easy to manage—all while reducing clutter.

The app’s page editor also allows you to rearrange, rotate, or delete pages, making it simple to keep your documents clean and professional.

Whether your industry is finance, law, or project management, PDF Reader Pro helps you stay on top of your tasks. It’s the ideal tool for anyone dealing with contracts, agreements, or large documents. The app’s user-friendly interface ensures you can complete tasks quickly and without hassle, while its advanced features like password protection and custom stamps keep your documents secure.

Take your office paperless with lifetime access to PDF Reader Pro for just $49.99 (reg. $159).

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Learn a New Language with This Fresh Approach

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Learn a New Language with This Fresh Approach

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

As exciting as it may be, learning a new language can often feel like a daunting task, with the typical endless vocabulary drills and grammar exercises. But Beelinguapp is here to change the game.

This innovative language learning app takes a fresh approach by combining audiobooks and dual-text reading to create an immersive, engaging experience. And right now, you can get a lifetime subscription to Beelinguapp—and all 14 of its languages—for just $34.99 (reg. $100) when you use code TAKE5 at checkout.

Traditional language learning methods can be time-consuming and overwhelming, especially for busy professionals. Beelinguapp offers a new, intuitive way to learn, making it easy to fit into your daily routine. Instead of memorizing endless vocabulary lists, you’ll follow along as you read and listen to a native speaker, seeing the same text in two languages side by side.

This side-by-side format is the core of Beelinguapp’s unique approach. It allows you to compare your native language to the one you’re learning, improving your understanding in real time. It’s like a language-learning karaoke, where you can follow the text in both languages while listening to a fluent speaker guide you through the pronunciation.

Beelinguapp caters to modern learners by offering 14 languages, including Spanish, English, German, French, Korean, and more. With its audiobook-style lessons and an ever-growing library of texts, you can choose from a wide variety of content—whether you’re interested in fairy tales, news articles, science papers, or novels.

This flexibility allows you to learn the way that best fits your lifestyle, all while gaining real-world conversation skills. The app provides texts at different levels, so you can start as a beginner and gradually build up to more advanced reading and listening skills.

If you’re hoping to learn a new language to help grow your business, this might be just the approach you need.

Through October 27, you can get a lifetime subscription to Beelinguapp for just $34.99 (reg. $100) when you use code TAKE5 at checkout.

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Nvidia CEO Jensen Huang: Demand For Blackwell AI Is Insane

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Nvidia CEO Jensen Huang: Demand For Blackwell AI Is Insane

In May, Nvidia CEO Jensen Huang said that “the next industrial revolution has begun,” and AI will drive “significant productivity gains.” It looks like he’s right — industry demand for Nvidia’s next-generation AI chip, Blackwell, is through the roof.

“Blackwell is in full production, Blackwell is as planned, and the demand for Blackwell is insane,” Huang told CNBC on Thursday. “Everybody wants to have the most, and everybody wants to be first.”

Related: Nvidia CEO Jensen Huang’s Biggest Worry Shows that Success Has a Downside

Nvidia first announced Blackwell in March and stated that it was the most powerful AI chip in the world with advanced security capabilities, better performance, and more memory. The biggest names in AI, including OpenAI, Microsoft, Meta, Amazon, and Google, will use Blackwell to power their AI efforts.

Nvidia CEO Jensen Huang displays the new Blackwell GPU chip, left, and the Hopper GPU chip, right, in March 2024. Photographer: David Paul Morris/Bloomberg via Getty Images

“There is currently nothing better than NVIDIA hardware for AI,” Tesla and xAI CEO Elon Musk stated, at the time.

Since the initial announcement, Blackwell has hit a few snags in production, leading to delays. Nvidia CFO Colette Kress said in late August that the company has fixed the issue and expects to ship “several billion dollars” worth of the chip in the fourth quarter of 2024.

Related: Nvidia’s Immense Market Power Is Worrying Investors — Here’s Why

The chip costs between $30,000 to $40,000 and took $10 billion to develop.

Huang said that Nvidia has updated its platform significantly with Blackwell, and intends to continue updating it. Nvidia has increased performance by two to three times from its 2022 Hopper chip to its Blackwell chip, which Huang says increases revenue for Nvidia’s customers by two to three times.

“What we’re looking at now is the beginning of the next wave of AI, the biggest wave of AI,” Huang told CNBC. “This is really about companies around the world using AI to be more productive as their digital employees and AI agents and co-pilots and however people describe them, as well as using AI, generative AI, to revolutionize the way they build their products and the products they build.”

Huang said last month that intense demand for Nvidia’s technology and software keeps him up at night. On Wednesday, Nvidia partnered with Accenture to train 30,000 of Accenture’s employees on Nvidia’s technology.

Related: Nvidia CEO Jensen Huang Says Nuclear Energy ‘Is a Wonderful Way Forward’ to Keep AI Data Centers Running



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