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title: How Sega’s $5m saved Nvidia, the world’s biggest company
description: Jensen Huang visited Tokyo to personally thank former Sega executives for a $5 million investment in 1995 that saved Nvidia from bankruptcy. At the time,...
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# How Sega’s $5m saved Nvidia, the world’s biggest company

**[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments

## Summary

Jensen Huang visited Tokyo to personally thank former Sega executives for a $5 million investment in 1995 that saved Nvidia from bankruptcy. At the time, Nvidia had about 30 days of cash left after its first chip, the NV1, failed when Microsoft standardized triangle-based graphics via DirectX. Huang asked Sega to convert a contract payment into equity, warning the money would likely be lost. Sega's board agreed, giving Nvidia six months to build the RIVA 128, a triangle-based GPU that sold a million units in four months and led to Nvidia's 1999 IPO. Sega later sold its stake for ~$15 million — a stake that would be worth roughly $1 trillion today. The two companies marked the 30-year milestone with a new Virtua Fighter game coming to Nvidia hardware.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/nvidia-sega-1995-5-million-rescue>

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Tags: [#nvidia](https://daily.dev/tags/nvidia), [#gpu](https://daily.dev/tags/gpu)

[View this post on daily.dev](https://daily.dev/posts/how-sega-s-5m-saved-nvidia-the-world-s-biggest-company-tcaqyvdg7)

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