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Fortune
Fortune
Marco Quiroz-Gutierrez

Nvidia is now the most valuable company in the world. Here’s how it went from a Denny’s booth to cornering the AI chip market

(Credit: Walid Berrazeg—SOPA Images/LightRocket via Getty Images)

Semiconductor giant Nvidia became the most valuable company in the world this week thanks to smart moves it made years ago that set it up to corner the AI chips market.

Long before it was at the top of the corporate world, Nvidia was a fledgling startup first conceived of in a Denny’s booth by CEO Jensen Huang with cofounders Chris Malachowsky and Curtis Priem. Shortly after it was founded in 1993, the company invented one of the first GPUs, or graphics processing units, originally for use in video games and graphic design.

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