this post was submitted on 08 Jun 2024
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Technology

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Nvidia is now worth $102M per employee (sherwood.news)
submitted 5 months ago by sigmaklimgrindset@sopuli.xyz to c/technology@beehaw.org
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"...For Nvidia, after this latest run-up took it north of the $3T milestone, the company is being valued at more than $100M for each of its 29,600 employees (per its filing that counted up to the end of Jan 2024).

That’s more than 5x any of its big tech peers, and hundreds of times higher than more labor-intensive companies like Walmart and Amazon. It is worth noting that Nvidia has very likely done some hiring since the end of January — I think the company might be in growth mode — but even if the HR department has been working non-stop, Nvidia will still be a major outlier on this simple measure.

We are running out of ways to describe Nvidia’s recent run... but a nine-figure valuation per employee is a new one."

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[–] floofloof@lemmy.ca 3 points 5 months ago (1 children)

https://archive.is/YBMgY

[–] borari@lemmy.dbzer0.com 1 points 5 months ago

Thanks, I should have done that and forgot. I was typing up what I remembered from the article, then realized I’d prolly fuck up a significant portion of the relevant facts so I just deleted it all and searched for the article.

I have noticed that archive.is (and another tld I don’t remember right now, .ph?) links don’t want to load on my internal network that uses a pihole for dns and drops anything else dns related going out on the wan port of the router. Probably need to look in to that bc it’s getting annoying.