The company's financial strategy is revealed through its revenue per employee, which has recovered after years of investment in building a programming software layer called compute unified device architecture (CUDA). This has made Nvidia's GPUs capable of immense computing capacity at nearly unprecedented speed. Despite the company's success, CEO Jensen Huang has expressed concern about maintaining Nvidia's AI dominance.
Key takeaways:
- Nvidia's workforce has grown nearly 20-fold since 2003, and its median salary now surpasses Microsoft's and other Silicon Valley peers.
- The company's stock price surge and low turnover have enriched many long-term employees, with many likely being millionaires.
- Nvidia's revenue per employee has recovered after years of investment in building a programming software layer called compute unified device architecture (CUDA), which has been crucial in the AI boom.
- Despite technological advancements, gender representation remains low with Nvidia's global workforce being 19.7% female as of January 2024, although the company has achieved pay parity.