Nvidia CEO credits admitting mistakes and adaptability for saving $2 trillion value after initial Sega chip failure.
Nvidia CEO Jensen Huang revealed that his company's $2 trillion value was saved from collapse by overcoming two traits: admitting mistakes and being willing to change. When Nvidia took on a contract to make chips for Sega's 3D gaming consoles, they initially developed an incompatible and technically poor architecture. After realizing their mistake, the company adapted their approach, which ultimately saved the company from potential failure.
March 30, 2024
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