Nvidia

Nvidia in Fortune Rankings

Nvidia is a huge producer of chips used in artificial intelligence and, therefore, has become a critical cog in the business sectors that its products power. In recent years, the company has become the top supplier of chips used in data centers for the data-intensive job of training and running AI models. Nvidia is also a big seller of graphics chips for video game consoles and high-end personal computers, and chips used by the automotive industry in new cars. Nvidia was incorporated in 1993, and is headquartered in Santa Clara, Calif.

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Employees say:

"The honesty, transparency, integrity, and respect I have experienced at this company are unparallelled. From the moment I joined, I felt welcomed and part of the mission and importantly, I clearly understood what the mission was because the CEO expressly addressed the entire company to explain in a direct, inspiring, and motivational company meeting. There are unlimited resources for continued learning and growth and taking time for these learning opportunities is encouraged. I truly feel a part of this company - comfortable, connected, stimulated, and motivated. I am confident I am in the right place."

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Courtesy of NVIDIA

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Even as the broader tech sector has shed tens of thousands of jobs, Nvidia continued its remarkable streak of nearly 15 years without any layoffs. As revenue almost doubled in 2023, the computing company, based in Santa Clara, Calif., also cut travel and trimmed expenses across the board and managed to guarantee annual pay raises. Nvidia prides itself on its “flat structure,” where employees are encouraged to solve problems quickly and collaboratively through projects, thus dispensing with the unnecessary strictures of job descriptions, reporting lines, or specific roles; there are never more than seven layers of management between junior employees and CEO Jensen Huang. Staff are also given a voice through triannual “pulse” surveys to gauge employee sentiment on topics ranging from diversity and inclusion policies to pursuing meaningful work. And as Nvidia has emerged as a key player in the AI boom, it’s committed to advancing trustworthy AI that reflects responsible and ethical social values.

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Even though Nvidia employs more than 26,000 people worldwide, it prides itself in having no more than seven layers between the most junior worker and the CEO. To ensure new employees fit right in, Nvidia matches potential hires with current employees through Insider Interviews, which allows candidates to have informal conversations with future colleagues to learn more about company culture. Nvidia has implemented a new global allyship program and Inclusive Manager Playbook and increased the number of staff focused on recruiting diverse talent in an effort to create a more inclusive workplace. Last year, Nvidia addressed burnout with quarterly “free days,” where the entire company unplugs for two consecutive days each quarter so that everyone can rest and recharge.

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Employees say:

"We boast an exceptional CEO who has demonstrated unparalleled leadership during a period when numerous tech companies resorted to downsizing in response to declining stock prices. In stark contrast, our CEO steadfastly supported our workforce, diligently attending to the well-being and needs of each and every employee."

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Employees say:

"At Nvidia, it's all about the people. This company cares greatly for the people who work here and their families, the parental leave for new fathers is one-of-a-kind, support for COVID-19 has been amazing, whenever there is a weather event, earthquake, wildfire, or political unrest anywhere around the world, Nvidia reaches out to each and every affected employee to make sure that they and their families are safe and have any resources that they may need. It's phenomenal how much Nvidia cares for it's employees and their families."

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Employees say:

"The company really makes effort to look after its employees. During the financial hard time, other companies in the same industry laid off people, but our CEO openly said no layoffs. Also the company gave us raise in salary and ahead of its usual schedule. We can freely choose to work from home and office and we are empowered to make the best choice for ourselves."

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Employees say:

"As a relatively junior employee, I feel empowered and trusted by my colleagues and leadership. My ideas are not only respected, but often encouraged and pursued. I have a lot of flexibility in managing my own time and priorities. I get to work with insanely smart people who seem to have infinite patience for helping me, teaching me, and mentoring me."

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The maker of graphics processing units jumped into the top 10 this year owing to its generous leave policies and focus on human connection, even through the COVID-19 pandemic. At the end of 2021, CEO Jensen Huang gave employees the week of Christmas off to recharge; this year, each employee will get two prescheduled Free Days off work per quarter in addition to federal holidays and unlimited vacation days. Workers can also benefit from a generous employee stock purchase program, and Nvidia has made pay parity a priority since 2015. Owing to acquisitions made in 2021, the gender pay gap widened, and the promotion rate for Black employees dropped relative to 2020. The company has noted the problem and pledges to rectify both issues going forward.

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Employees say:

“NVIDIA's passionate support of humanity and furthering our growth, individually and collectively is what inspires me to work here. Over the last year, I have been brought to tears at what my management, my colleagues, and my friends have done to create good in the world. During one of the most difficult times in my lifetime, I can look to my fellow NVIDIANs for hope. I am truly proud to work at NVIDIA.”

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Employees say:

“The technology and innovation that NVIDIA comes up with is already impressive, but its the dedication of the employees that make this company a great place to work. NVIDIA recognizes hard work and gives back accordingly. The benefits and flexibility we get from the company are unbeatable. Most of the people who work at NVIDIA are approachable, and there are always opportunities to grow and expand your skills. We have a great program that allows us to give back to charity, NVIDIA matches our donations, so we can raise even more money for causes that are important to us. And overall, everything that NVIDIA is doing for the communities, and for industries like health care and research, is beyond impressive.”

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Courtesy of NVIDIA

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Employees say:

“I think the motto of the company describes Nvidia best: create opportunities for individuals to do their life's work. I feel extremely proud to call myself an Nvidian. Everyone is valued and plays an equal role. If you have an idea, people will rally to help you execute. No matter what your position is, NVIDIA will enable you to do your best possible work. I feel empowered to be completely myself and I feel like I am paid fairly for the amount of time and energy I put into the company. ”

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Courtesy of NVIDIA

Updated:10/29/2024
Country:U.S.
Headquarters:Santa Clara, Calif.
Industry:Semiconductors and Other Electronic Components
CEO:Jensen Huang
Website:https://www.nvidia.com

Ticker:NVDA
Company type:Public
Revenues ($M):$79,774
Profits ($M):$42,598
Market value ($M):$2,915,391
Number of employees:29,600

Figures are for fiscal year ended Jan. 31, 2024. Market value as of July 15, 2024.

Impact Segment:Environmental Impact
Sector:Technology

Overall Score:1.7
Sector:Information Technology

World's Best list history:New
Industry:Information Technology
Employees (worldwide):27,570
Headquarters:Santa Clara, California, United States
Countries where the company was recognized on a GPTW national list:Canada, Germany, Greater China (China, Hong Kong, Taiwan), India, United Kingdom, United States
Web address:https://www.nvidia.com

Sector:Precision
Industry:Semiconductors
Current All-Star Rank:10
Previous All-Star Rank:45
Industry Rank:1
Previous Industry Rank:1
Overall Score:8.47
Innovation:1

People Management:1
Use of Corporate Assets:1
Social Responsibility:2
Quality of Management:1
Financial Soundness:1
Long-Term Investment Value:3
Quality of Products/Services:1
Global Competitiveness:1

Sector:Technology
Culture rank:200
Process rank:15
Product rank:4

Rank last year:6
Years on list:9
U.S. employees:30,000
U.S. job openings:1,750
Year founded:1993

Employees and job openings are U.S.-only.

100% health coverage:Yes
Subsidized childcare:No
Compressed work weeks:No
Option to work remotely:Yes
Minimum requirement in-office attendance (days per week):none
Percentage of health care premiums covered:91
Mental health coverage:Yes
Free mental health sessions (per year):8

Free backup childcare time off (days):-
Maximum $ amount covered for fertility services:unlimited
Fully paid maternal leave (days):110
Fully paid paternal leave (days):60
Fully paid adoptive leave (days):60
Maternal leave in addition to regular time off (days):110
Paid days off for volunteering:Yes

% Women:-
% Minorities:-
% African-American/Black:2%
% Asian:50%
% Caucasian/White:36%
% Hispanic/Latino:4%
% Native American/Alaska Native:-
% Native Hawaiian/Pacific Islander:-
% Two or more races:1%
% Unknown ethnicity:6%

Founded:1993
Sites:23
Industry Vertical:Other

Founded:1993
Sites:23
Industry Vertical:Other

$ Millions% change
Revenues ($M):$60,922125.9%
Profits ($M):$29,760581.3%
Assets ($M):$65,728-
Total Stockholder Equity ($M):$42,978-

Profit as % of Revenues:48.9%
Profits as % of Assets:45.3%
Profits as % of Stockholder Equity:69.2%

Founded:1993
Sites:23

Industry Vertical:Other
Founded:1993
# Work Sites:21

Revenue 3 Yr Growth Rank:30
Revenue 3 Yr Annual Growth Rate:43%
EPS 3 Yr Growth Rank:57
EPS 3 Yr Annual Growth Rate:60%
Total Return 3 Yr Rank:5
Total Return 3 Yr Annual Rate (Through June 28, 2024):84%
Beat S&P 500 3 Yr Return (10%):yes
Current Streak:3
Years on List:8
Sector:Technology

Nvidia stock chart

Nvidia in Fortune Rankings

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Nvidia

Nvidia in Fortune Rankings

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Latest news on Nvidia

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Nvidia in Fortune Rankings

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