Jensen Huang, the CEO and cofounder of the $2.2 trillion chip manufacturer Nvidia, believes that meaningful, enduring success only comes as a result of two simple ingredients: 'Pain and suffering.
Three years after its launch, Nvidia nearly went out of business By 1996, Nvidia was already on the precipice with an unclear future. It was struggling to compete with other chipmakers, was in fact facing collapse, and endured layoffs of more than half the staff. Huang would later recall of those early days that the struggle forced him to become more attuned to market shifts and consumer demand.
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