So they got all that money from Uncle Sam’s CHIPS Act only to lay off 10,000 employees and make themselves “lean”. Govt funded unemployment.

  • wootz@lemmy.worldEnglish
    1·
    2 months ago

    Arm is worth 5.3bn USD and employs just over 8000 people. Intel is worth just over 100bn USD and employs 124,000 people.

    Nvidia is worth 42bn USD and employs 30,000 people.

    That makes Intel over twice as valuable as Nvidia with over four times as many employees.

    • jj4211@lemmy.worldEnglish
      1·
      2 months ago

      Don’t understand your “worth” numbers, that’s generally market cap and those numbers don’t line up. The employee counts line up…

      100B is… close enough for Intel (though they have fallen to 95B). So $730,769 per employee

      ARM is $140B… So $20,000,000 an employee…

      nVidia is worth 2.7T… $90,000,000 an employee…