Nvidia
AI chipmaker, described by IBTimes AU as the world's most valuable chipmaker
- Entries
- 19
- On the record
- 4
- Stories
- 7
- Latest entry
- Nov 10, 2026
The record
Nvidia was founded on April 5, 1993, by Jensen Huang, Chris Malachowsky and Curtis Priem to bring 3D graphics to gaming and multimedia. It says it invented the GPU in 1999 and opened GPUs' parallel processing to science and research with CUDA in 2006. Its scale today comes from data centers: for the fiscal year ended January 2026 it reported record revenue of $215.9 billion, $193.7 billion of it from data center sales, and GAAP net income of $120.1 billion.
Regulators have shaped its record. In December 2021 the Federal Trade Commission sued to block its roughly $40 billion purchase of chip designer Arm, calling it the largest semiconductor merger in history; Nvidia and SoftBank dropped the deal in February 2022, citing regulatory hurdles, and SoftBank kept a $1.25 billion prepayment. In May 2022 Nvidia paid a $5.5 million SEC penalty, without admitting or denying the findings, over crypto mining's role in its gaming revenue.
A case brought by E. Ohman J:or Fonder AB and others reached the U.S. Supreme Court on Nvidia's petition from the Ninth Circuit, as NVIDIA Corp. v. E. Ohman J:or Fonder AB. The Court agreed to hear the appeal in June 2024 and heard argument that November, with Neal Katyal arguing for Nvidia. On December 11, 2024 it dismissed the writ as improvidently granted in a short per curiam opinion, ending Nvidia's appeal without a ruling on the merits.
Roles and honours on the record
Every entry, newest first
- Reported
Nvidia retained Wachtell partner Joon Kim for the board's independent investigation, the New York Post reported. Nvidia hires Cuomo investigator Joon Kim to probe Jensen Huang
- Filed
Shareholder Mark Kistenmacher sued Nvidia and Jensen Huang in a California court, seeking class status, AP reports. Nvidia, Jensen Huang face shareholder suit over Megaspeed
- Reported
Board announced an independent investigation; says it has no reason to believe national security or company secrets were compromised. Biggest China spy cases ranked: Dongfan Chung, 188 months
- Reported
Board said it has no reason to believe national security or Nvidia secrets were compromised, per ABC News. Nvidia board opens Jensen Huang probe; shares seen 4% lower
- Reported
Board said it opened an independent investigation into reports Huang was the target of a foreign intelligence effort, per AP. Nvidia board opens Jensen Huang probe; shares seen 4% lower
- Reported
Axios reported Nvidia has repeatedly denied the relationship was anything but a typical business contact. Congress presses Nvidia's Jensen Huang over Megaspeed claims
- Reported
Ars Technica reported Taiwan charged nine people, reportedly including an Nvidia senior manager, over forged export papers. Nvidia China chip smuggling cases: $2.5B alleged, 9 charged
- Reported
The BBC reported the Commerce Department said Nvidia's H200 chips could be sold in China, with a 25% fee. Congress presses Nvidia's Jensen Huang over Megaspeed claims
- Reported
CNBC reported China's market regulator opened an anti-monopoly investigation into Nvidia over the Mellanox acquisition. China opens Nvidia antitrust probe over $6.9B Mellanox deal
- Reported
The BBC reported Nvidia agreed to pay 15% of H20 China revenue to the US government to secure export licences. Congress presses Nvidia's Jensen Huang over Megaspeed claims
- Ruled
Nvidia agreed to pay a $5.5M SEC penalty over cryptomining disclosures, without admitting or denying the findings. Nvidia, Jensen Huang face shareholder suit over Megaspeed
- Reported
Nvidia announced a deal to buy Mellanox for $125 per share in cash, about $6.9B enterprise value, per its newsroom. China opens Nvidia antitrust probe over $6.9B Mellanox deal
Stories in this file
Business · ⚖️ Nvidia China chip smuggling cases: $2.5B alleged, 9 charged
Taiwan charged nine over forged papers; the US alleges $2.5B in servers. Supermicro says it is not a target; no verdict is on record. ⏳
HIREDPhoto: Sora Shimazaki · Pexels License⚖️ Nvidia hires Cuomo investigator Joon Kim to probe Jensen Huang
Wachtell partner Kim will run the board's independent probe of Jensen Huang and Alice Huang. Beijing calls the spy claims smears. 🗣️
PROBEPhoto: KATRIN BOLOVTSOVA · Pexels License⚖️ China opens Nvidia antitrust probe over $6.9B Mellanox deal
China's regulator opened the probe in Sept 2025; no finding is in the record read. Huang is 'disappointed' by a chip-ban report. ⏳
FILEDPhoto: KATRIN BOLOVTSOVA · Pexels License⚖️ Nvidia, Jensen Huang face shareholder suit over Megaspeed
A proposed class action says Nvidia and Huang misled investors. Nvidia did not immediately respond to AP; no hearing date is reported. ⏳
Business · ⚖️ Biggest China spy cases ranked: Dongfan Chung, 188 months
Nvidia's board has "no reason to believe" secrets were compromised; China calls the claims smears. No charge against Huang is reported. 🗣️
PROBEPhoto: Pixabay · Pexels License🤖 Nvidia board opens Jensen Huang probe; shares seen 4% lower
Huang stays CEO and backs the review; the board sees no sign secrets leaked. Overnight trading pointed to a 4% lower open. 🗣️
REQUESTEDPhoto: Leandro Alamino · Pexels License🤖 Congress presses Nvidia's Jensen Huang over Megaspeed claims
House chairs want a Nov 11 answer on a closed-door briefing. Nvidia calls it a normal customer contact; no charges are filed. 🗣️
The record, entry by entry
- 1993-04-05 Official Jensen Huang, Chris Malachowsky and Curtis Priem founded Nvidia to bring 3D graphics to the gaming and multimedia markets, according to the company's corporate timeline. Nvidia, corporate timeline
- 2021-12-02 Filed The FTC voted 4-0 to issue an administrative complaint to block Nvidia's roughly $40 billion acquisition of Arm, alleging the combined firm could undermine rivals that license Arm's designs. Federal Trade Commission press release
- 2022-02-07 Official Nvidia and SoftBank terminated the Arm deal, citing significant regulatory challenges. SoftBank kept the $1.25 billion Nvidia had prepaid, and Nvidia kept its 20-year Arm license. Nvidia and SoftBank joint release
- 2022-05-06 Official The SEC found Nvidia failed to disclose in two fiscal 2018 quarterly reports that crypto mining was a significant driver of gaming revenue growth. Without admitting or denying the findings, Nvidia agreed to a cease-and-desist order and a $5.5 million penalty. SEC press release 2022-79
- 2024-06-17 Official The U.S. Supreme Court granted Nvidia's petition to review a Ninth Circuit ruling in its case with E. Ohman J:or Fonder AB; argument was held November 13, 2024. U.S. Supreme Court docket No. 23-970
- 2024-12-11 Ruled The Supreme Court dismissed the writ of certiorari as improvidently granted in a per curiam opinion, ending Nvidia's appeal. U.S. Supreme Court docket No. 23-970
- 2026-02-25 Official Nvidia reported record fiscal 2026 revenue of $215.9 billion, up 65%, with data center revenue of $193.7 billion and fourth-quarter revenue of $68.1 billion. Nvidia earnings release
Documents
- FTC press release suing to block the Arm acquisition (Dec. 2, 2021)
- SEC press release on the crypto mining disclosure settlement (May 6, 2022)
- U.S. Supreme Court docket, NVIDIA Corp. v. E. Ohman J:or Fonder AB, No. 23-970
- Nvidia and SoftBank release on ending the Arm deal (Feb. 7, 2022)
- Nvidia fourth-quarter and fiscal 2026 results (Feb. 25, 2026)