Nvidia's stock boom made employees millionaires, but now they face tough choices

firstpost.com —

Nvidia employees have become millionaires as the company's stock surged over 22,000 percent in a decade, but CEO Jensen Huang's sudden resignation on November 12 has created uncertainty about their wealth and the company's future. Stock grants and an employee purchase plan made 76 to 78 percent of surveyed workers millionaires, with nearly half exceeding $25 million in net worth. However, demanding workloads and unvested shares, known as golden handcuffs, have kept many tied to the company despite its intense culture. Huang's exit followed reports of extramarital relationships and alleged links to a suspected Chinese intelligence operation. Nvidia lost about $430 billion in market value in two sessions, and employees face tough decisions about selling shares or staying amid leadership and competitive challenges.


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