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by adventured 422 days ago
They'll do ~$110 billion in operating income over the next four quarters, with a mere 36,000 employees and no meaningful dividend or debt to maintain. I think they can trivially afford to keep trying if they see a market.
2 comments

One interesting aspect of NVIDIA workforce that many people aren't aware of is that it's very good at retaining people. The annual turnover rate is something like 5%, and last time they had layoffs was in 2008. They are also maintaining full on remote work at the time most other big tech companies are forcing their peons into the offices.

And that buys a lot of loyalty. Which translates to productivity.

It doesn’t translate to productivity. What it actually means is that it’s an ossified company where everyone is 10 years behind the curve in everything that is not designing hardware. Hardware is a slow business so this is ok. Software is fast moving. Nvidia has extreme difficulty making software that works due to its culture. (Remember installing drivers and how much of a mess that is? That’s their core software product! Docker images and using cloud machines where the drivers are already installed have made this simpler for AI applications.)
That’s what everyone says up until everyone realizes the actual point when they could no longer actually afford it was 6 months prior.