5 Apr 1993
Turning point
NVIDIA founded
Jensen Huang, Chris Malachowsky and Curtis Priem founded NVIDIA with the stated aim of bringing 3D graphics to gaming and multimedia, according to the company.
Company
How NVIDIA unfolded
NVIDIA was founded in 1993 to make 3D graphics chips for games and multimedia and listed on Nasdaq in 1999. Its graphics processors became the main hardware for training and running artificial intelligence models, and its revenue rose from $130.5 billion in fiscal 2025 to $215.9 billion in fiscal 2026. Co-founder Jensen Huang is chief executive.
5 April 1993 to today · 23 dated events · 20 sources
Where it stands now · as of 31 October 2026
NVIDIA is listed on Nasdaq under NVDA and led by co-founder Jensen Huang. It reported revenue of $96.2 billion for the quarter ended 26 July 2026, and its agreement to acquire Hugging Face is awaiting regulatory approvals.
fiscal 2026 revenue$215.9bnyear ended 25 January 2026
fiscal 2026 GAAP net income$120.1bn
revenue, quarter ended 26 July 2026$96.2bnsecond quarter of fiscal 2027
data center revenue in that quarter$89.0bn
Overview · 5 Apr 1993 to 2 Sep 2026 · click a dot to jump
1993
· · · 75 months later
1999
1999
Company introduces what it calls the first GPU
NVIDIA says it invented the graphics processing unit in 1999, a product category that later became central to AI computing.
22 Jan 1999
Turning point
Initial public offering on Nasdaq
NVIDIA went public on Nasdaq on 22 January 1999 at $12 per share, according to its investor relations FAQ.
· · · 242 months later
2019
11 Mar 2019
Deal to acquire Mellanox
NVIDIA agreed to acquire Israeli data center networking company Mellanox Technologies for $6.9 billion.
· · · 14 months later
2020
27 Apr 2020
Mellanox acquisition completed
NVIDIA said it had completed the acquisition of Mellanox Technologies, giving a transaction value of $7 billion.
13 Sep 2020
Agreement to buy Arm from SoftBank
NVIDIA and SoftBank Group announced an agreement for NVIDIA to acquire chip designer Arm in a transaction valued at $40 billion.
2021
Jul 2021
Four-for-one stock split
NVIDIA carried out a four-for-one stock split, according to its investor relations records.
2 Dec 2021
FTC sues to block the Arm deal
The US Federal Trade Commission voted to issue an administrative complaint to block the Arm acquisition. The complaint alleged that the deal would let NVIDIA use its control of Arm designs to undermine rival chipmakers.
2022
7 Feb 2022
Arm acquisition terminated
NVIDIA and SoftBank Group said they had agreed to end the Arm agreement because of significant regulatory challenges. SoftBank said it would prepare Arm for a public offering.
6 May 2022
SEC settlement over cryptomining disclosures
The SEC's order found that NVIDIA did not adequately disclose that cryptomining was a significant driver of gaming revenue growth in fiscal 2018. Without admitting or denying the findings, NVIDIA agreed to a cease-and-desist order and a $5.5 million penalty.
· · · 16 months later
2023
23 Aug 2023
Turning point
Data center sales surge on AI demand
NVIDIA reported record quarterly revenue of $13.51 billion for the second quarter of fiscal 2024, including record data center revenue of $10.32 billion.
2024
18 Mar 2024
Blackwell platform announced
NVIDIA announced its Blackwell GPU platform for AI data centers at its GTC conference.
7 Jun 2024
Ten-for-one stock split
A ten-for-one forward stock split announced with first quarter fiscal 2025 results took effect on 7 June 2024.
2025
26 Feb 2025
Fiscal 2025 revenue of $130.5 billion
NVIDIA reported fiscal 2025 revenue of $130.5 billion, up 114 percent from a year earlier.
9 Apr 2025
US requires licence for H20 exports to China
NVIDIA said the US government informed it that exports of its H20 chips to China would require a licence.
28 May 2025
$4.5 billion charge on H20 chips
NVIDIA reported a $4.5 billion charge for excess H20 inventory and purchase obligations and said it could not ship $2.5 billion of H20 revenue in the quarter.
18 Sep 2025
$5 billion investment in Intel
NVIDIA and Intel announced a product collaboration and said NVIDIA would invest $5 billion in Intel common stock.
22 Sep 2025
Letter of intent with OpenAI
OpenAI and NVIDIA announced a letter of intent to deploy at least 10 gigawatts of NVIDIA systems, with NVIDIA saying it intended to invest up to $100 billion in OpenAI as capacity is deployed.
24 Dec 2025
Licensing agreement with Groq
Groq announced a non-exclusive inference technology licensing agreement with NVIDIA. NVIDIA's fiscal 2026 cash flow statement later showed a $13.0 billion investing outflow labelled Groq, Inc.
2026
25 Feb 2026
Fiscal 2026 revenue of $215.9 billion
NVIDIA reported fiscal 2026 revenue of $215.9 billion and GAAP net income of $120.1 billion.
17 Aug 2026
Credit support for an Ohio AI data center campus
NVIDIA disclosed a multi-year partnership with SB Energy for a data center campus in Pike County, Ohio, with an OpenAI affiliate as tenant. It said its payment obligations under residual value guaranties for about 4.25 gigawatts were capped at $105 billion for the initial commitment.
26 Aug 2026
Quarterly revenue reaches $96.2 billion
NVIDIA reported revenue of $96.2 billion for the quarter ended 26 July 2026, including $89.0 billion from data centers. It forecast revenue of $108.0 billion, plus or minus 2 percent, for the next quarter and said the outlook assumed no data center compute revenue from China.
2 Sep 2026
Agreement to acquire Hugging Face
NVIDIA said it had agreed to acquire Hugging Face, the open model platform, for a purchase price of about $11.9 billion plus a retention program of up to about $1.0 billion. It said closing was expected in the first half of 2027, subject to regulatory approvals.
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Sources
20 records, ranked by type- 1Subject's own statement31 Oct 2026Corporate TimelineNVIDIA · nvidia.com
- 2Subject's own statement31 Oct 2026Investor FAQsNVIDIA Investor Relations · investor.nvidia.com
- 3Subject's own statement11 Mar 2019NVIDIA to Acquire Mellanox for $6.9 BillionNVIDIA · nvidianews.nvidia.com
- 4Subject's own statement27 Apr 2020NVIDIA Completes Acquisition of Mellanox, Creating Major Force Driving Next-Gen Data CentersNVIDIA · nvidianews.nvidia.com
- 5Subject's own statement13 Sep 2020NVIDIA to Acquire Arm for $40 Billion, Creating World's Premier Computing Company for the Age of AINVIDIA · nvidianews.nvidia.com
- 6Official record2 Dec 2021FTC Sues to Block $40 Billion Semiconductor Chip MergerUS Federal Trade Commission · ftc.gov
- 7Subject's own statement7 Feb 2022NVIDIA and SoftBank Group Announce Termination of NVIDIA's Acquisition of Arm LimitedNVIDIA · nvidianews.nvidia.com
- 8Official record6 May 2022SEC Charges NVIDIA Corporation with Inadequate Disclosures about Impact of CryptominingUS Securities and Exchange Commission · sec.gov
- 9Subject's own statement23 Aug 2023NVIDIA Announces Financial Results for Second Quarter Fiscal 2024NVIDIA · nvidianews.nvidia.com
- 10Subject's own statement18 Mar 2024NVIDIA Blackwell Platform Arrives to Power a New Era of ComputingNVIDIA · nvidianews.nvidia.com
- 11Subject's own statement22 May 2024NVIDIA Announces Financial Results for First Quarter Fiscal 2025NVIDIA · nvidianews.nvidia.com
- 12Subject's own statement26 Feb 2025NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2025NVIDIA · nvidianews.nvidia.com
- 13Subject's own statement28 May 2025NVIDIA Announces Financial Results for First Quarter Fiscal 2026NVIDIA · nvidianews.nvidia.com
- 14Subject's own statement18 Sep 2025NVIDIA and Intel to Develop AI Infrastructure and Personal Computing ProductsNVIDIA · nvidianews.nvidia.com
- 15Subject's own statement22 Sep 2025OpenAI and NVIDIA Announce Strategic Partnership to Deploy 10 Gigawatts of NVIDIA SystemsNVIDIA · nvidianews.nvidia.com
- 16Subject's own statement25 Feb 2026NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2026NVIDIA Corporation, exhibit 99.1 to Form 8-K filed with the SEC · sec.gov
- 17Subject's own statement26 Aug 2026NVIDIA Announces Financial Results for Second Quarter Fiscal 2027NVIDIA Corporation, exhibit 99.1 to Form 8-K filed with the SEC · sec.gov
- 18Subject's own statement24 Dec 2025Groq and Nvidia Enter Non-Exclusive Inference Technology Licensing Agreement to Accelerate AI Inference at Global ScaleGroq · groq.com
- 19Subject's own statement17 Aug 2026NVIDIA Corporation Form 8-K, Item 1.01, partnership with SB EnergyNVIDIA Corporation, filed with the SEC · sec.gov
- 20Subject's own statement3 Sep 2026NVIDIA Corporation Form 8-K, Item 8.01, agreement to acquire Hugging FaceNVIDIA Corporation, filed with the SEC · sec.gov
Last updated 31 October 2026. Spotted an error? See corrections. Every event links to the record it comes from. Allegations are attributed to whoever made them.