Report: Nvidia's Growth
Analysis of the latest job change data at Nvidia
Highlights
Nvidia versus the rest of the Magnificent 7
From our sample, Nvidia saw 3.6% headcount growth from January 2023 to January 2024 while the rest of the Magnificent 7 had -4% headcount reduction in the same period. Since 2020, Nvidia's headcount has grown over 3x that of the rest of the Magnificent 7 and Nvidia has attracted talent at a 4:1 ratio from other members of the Magnificent 7.
Nvidia v Mag6 Index
| | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 | 2020 | |-------|---------|---------|---------|---------|---------|---------|---------|---------|---------|---------|---------|---------|---------|---------|---------|---------|------| | Nvidia | 100 | 160 | 140 | 120 | 100 | 101 | 100 | 100 | 100 | 110 | 120 | 130 | 140 | 120 | 100 | 100 | 100 | 100 | | Mag7 (minus Nvidia) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Nvidia is winning the GPU war (Great People Unit)
From 2020 to Feb 2024, Nvidia has attracted 1379 employees from other top semiconductor and chip companies and has only lost 169 employees to the same companies (an 8:1 ratio). Scroll to explore the talent movement.
Nvidia Flow
| Previous | Current |
|---|---|
| NVIDIA | NVIDIA |
| Intel Corporation | Intel Corporation |
| Qualcomm | Qualcomm |
| NVIDIA | NVIDIA |
| AMD | AMD |
| Marvell Technology | Marvell Technology |
| Cadence Design Systems | Cadence Design Systems |
| Texas Instruments | Texas Instruments |
| Synopsys Inc | Synopsys Inc |
| Intel Corporation | Intel Corporation |
| AMD | AMD |
| Arm | Arm |
| Qualcomm | Qualcomm |
| MediaTek | MediaTek |
| Broadcom | Broadcom |
| Micron Technology | Micron Technology |
| TSMC | TSMC |
| KLA | KLA |
| Ansys | Ansys |
| Synopsys Inc | Synopsys Inc |
| Broadcom | Broadcom |
| Teradyne | Teradyne |
| ASML | ASML |
Sample
A sample of 1.1M+ current and former white-collar employees and 600K+ arrivals and departures at Nvidia, the rest of the Magnificent 7, and 35 top companies across the semiconductor and chip industry.
Methodology for analysis
From our sample of 1.1M+ current and former white-collar employees at Nvidia, the rest of the Magnificent 7 companies, and 35 top companies in the semiconductor and chips industry we looked at the arrivals and departures from each of these companies from Jan 2020 through Jan 2024.
To compare Nvidia’s headcount growth to the rest of the Magnificent 7, we looked at the combined arrivals and departures at Alphabet, Amazon, Apple, Tesla, Meta, and Microsoft.
To look at the employee flow between top semiconductor and chip companies, we looked to see which employees left one company on our list and then joined another, different company on that list.
For the sample of 1.1M+ employees, it is worth noting that Live Data Technologies is primarily focused on monitoring employment status and job change events for white-collar employees in North America.