In 2023, the AI wave will sweep the world, and Open AI and NVIDIA, which are leading this change, are undoubtedly the most eye-catching focus. NVIDIA, which holds the global GPU production capacity, has become a leader in this AI revolution with its forward-looking strategic layout.
Since the beginning of this year, Nvidia's stock price has soared like a rocket, up to 226%, which is jaw-dropping. The market value has increased by about $850 billion, becoming the brightest star in the whole market. Whether it's a feature in The New Yorker magazine or our article today, it's all about digging into the secrets of NVIDIA's success.
There is a widely spread saying in NVIDIA's corporate culture: "Bankruptcy is only 30 days away." This was Huang's determination and courage in the face of the company's survival. It is precisely this courage that enables Nvidia to always break through with a surprising strategy when faced with difficulties.
Lao Huang encourages employees to innovate with a desperate mentality, and sees failure as a ladder to success. When a defective graphics chip came along, instead of blaming the team of product managers, he had them show the entire staff all of their decision-making processes before launching the product. This candor and openness has enabled NVIDIA to learn from its failures and keep improving.
Huang is a firm believer that "failure must be shared," he told The New Yorker. Nvidia does the same. This flexible corporate structure allows Huang to be involved in all aspects of the business. He responds to hundreds of emails every day, even though each email is usually just a few words. This attention to detail allows Nvidia to maintain efficient operations.
When it comes to the threat posed by artificial intelligence, Huang is unfazed. He believes that artificial intelligence will not replace humans, but will bring more opportunities and possibilities to humans. This positive attitude has enabled NVIDIA to maintain its leading position in the field of artificial intelligence.
Huang encouraged employees to develop products for the "$000 million market." He encourages employees to be forward-thinking and look for market opportunities that have not yet been fully explored. This spirit of innovation has enabled NVIDIA to maintain its leading position in the fierce market competition.
The Almighty Universe is Huang's latest big gamble. He hopes to achieve free human control in the digital world by creating a platform that can simulate the real world with extreme precision. This innovative concept makes NVIDIA have unlimited possibilities in the future development.
Overall, NVIDIA's success is not just because it has leading-edge GPU technology, but also because it has an innovative, risk-taking team. It is this kind of team that enables NVIDIA to dominate the AI wave and become the focus of the whole market. In the future, we have reason to expect more surprises and innovations from NVIDIA.