On Wednesday, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang reflected on the pivotal moment when a last-minute investment from Sega helped the struggling chipmaker survive long enough to become an AI powerhouse.

The Sega Deal That Saved Nvidia Huang traveled to Tokyo this week.

During that time, he personally thanked former Sega President Shoichiro Irimajiri for a decision made three decades ago that he said ultimately saved Nvidia from collapse.

Speaking during the meeting, Huang recalled how Sega's support came after Nvidia's first major setback.

"If not for what Sega did for Nvidia … Nvidia would not be here today," Huang said.