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Nvidia employees are millionaires, but have no time to spend: They said – holidays are not easily available; This is the second most valuable company in the world

Even the employees of the US semiconductor chip manufacturing company Nvidia are millionaires. However, they do not have time to spend money. The reason for this is the heavy workload and less holidays. An ex-officer of the technology wing claimed that people were expected to work seven days a week in the company. In the parking lot of the company's Santa Clara headquarters campus, only luxury cars of expensive brands like Porsche, Covent, Lamborghini will be seen, where earlier there used to be normal model cars. Employees coming in these cars are mostly found where the company's owner Jensen Huang lives. Nvidia stock has increased by 3,776% since the beginning of 2019. The company has made a profit by selling chips required for Artificial Intelligence (AI). If you want to move ahead and become big, then you will have to work hard. The company's owner Jensen Huang believes that hard work is necessary to move ahead, become big and do something new. He expects the same from the employees. Huang himself participates in every small and big meeting. Such as selecting photos for a marketing campaign. Huang is known to send a regular email to Nvidia employees with a bulleted list of five things to a centralized email address. Huang sometimes uses email directly to ask for more details or give instructions. There is no fixed time limit for working in the company Employees said, working hours are tiring and very stressful. Due to this, there is very little time left for buying a house and relaxing. A female employee working in marketing till 2022, on the condition of anonymity, said that she often participated in 7 to 10 meetings daily. More than 30 people attended each meeting, which often led to fighting and shouting. But due to the opportunity to get an even higher salary, she tolerated it for two years. Nvidia is the second most valuable company in the world Nvidia is the second most valuable company in the world in terms of market capitalization. Nvidia's market cap is $3.16 trillion (about Rs 265 lakh crores). In the list of top companies, Apple is the first company in the world with a market cap of $3.47 trillion (about Rs 291 lakh crores). World's top 10 valuable companies Nvidia became the world's most valuable company in June In June this year, Nvidia surpassed Microsoft to become the world's most valuable company. On June 18, after a rise in the company's shares, its market cap increased to $3.34 trillion (about Rs 278 lakh crores). At the same time, Microsoft's market cap was $3.32 trillion (about Rs 276 lakh crores). Had overtaken Apple on June 5 Earlier, on June 5, Nvidia had overtaken Apple to become the world's second most valuable company. At that time, Nvidia's market cap was $3.01 trillion (about Rs 251 lakh crores), Microsoft's market cap was $3.15 trillion (about Rs 262 lakh crores) and Apple's market cap was $3 trillion (about Rs 250 lakh crores). Nvidia is the world's most valuable semiconductor firm Nvidia is already the world's most valuable semiconductor firm. NVIDIA has four engineering development centers in India. These are located in Hyderabad, Pune, Gurugram and Bengaluru. According to Bloomberg, Nvidia is planning to upgrade its AI accelerator.

Graphics Source: VaskarAssets

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