Huang: NVIDIA spent half its remaining cash on a surplus hardware emulator
Jensen Huang · NVIDIA: Jensen Huang. From near collapse to becoming the world’s biggest company · May 18, 2026 · at 22:52
NVIDIA co-founder and CEO Jensen Huang describes the high-stakes gamble to purchase an Ikos emulator to design the RIVA 128 (NV3) chip while running out of money.
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“And I took half of our company's money, so we were already running on fumes, and so I cut that life short even further, took that money, bought this machine that nobody else wanted to buy, brought it to the company, I said, here we are.”
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