@CryptoDoggyCN: Yesterday, a Korean reporter asked about Samsung's strike and wage increase. Jensen Huang said: I believe employees' salaries should be as high as possible. That's what I do — I give the highest wages. Old Huang is awesome. 50% of Nvidia employees earn over $25 million, and 78% earn over $1 million. Check out the salary slip of Beijing Nvidia employees below (still from 2024…
Summary
Jensen Huang responds to Samsung's strike and wage increase issue, saying that employees' salaries should be as high as possible, and reveals Nvidia's salary levels: 50% of employees earn over $25 million, and 78% earn over $1 million, with a salary slip of Beijing Nvidia employees attached.
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Yesterday, when asked by a Korean journalist about Samsung’s strike and wage demands, Jensen Huang said this:
I believe employees’ salaries should be as high as possible — that’s what I do. I pay the highest wages.
Huang is a legend. At NVIDIA, 50% of employees earn over $25 million, and 78% earn over $1 million.
Take a look at this salary slip from an NVIDIA employee in Beijing (still from 2024 — it’s even higher now). https://t.co/EuVamHv0KS
Crypto Doggy (@CryptoDoggyCN): Why SK Hynix and Korean semiconductor stocks are where they are today
The 2022 Korean drama The Youngest Son of a Chaebol gave the answer:
“Chairman, the memory price war is forcing huge losses — why do we keep pushing forward?”
“Do you know why? Last year, when our factory went on strike demanding higher wages, I realized that a business relying on human labor has reached its limit.”
“From now on, we must compete with technology. Semiconductors are our future.”
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@CryptoDoggyCN: Jensen Huang finally responds to Huawei's Tao's Law. The gist: Tao's Law is a breakthrough for Huawei, but TSMC has been deeply involved in the related technology for 10 years. Once, Huawei was also one of Nvidia's big spenders. After the sanctions, from a sweetheart to a bitter rival, Huang explicitly said: We are competitors.
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@CryptoDoggyCN: Today, Jensen Huang kept cracking jokes at @Arm's press conference. I translated a great segment:
Jensen Huang made many jokes at the ARM press conference, including interactions with the Arm CEO, a signed notebook boomerang, self-deprecating about getting older, and shouting about buying ARM before leaving.
@Saccc_c: Jensen Huang said the meeting was very successful, President Xi is very nice. The US has agreed to allow 10 Chinese companies, including Alibaba and Tencent, to purchase NVIDIA H200 chips. NVIDIA's total market cap has surpassed Germany's GDP. How could it not be successful?
Jensen Huang said the meeting was very successful, and the US has agreed to allow 10 Chinese companies, including Alibaba and Tencent, to purchase NVIDIA H200 chips. Also mentioned that NVIDIA's market cap has surpassed Germany's GDP.