Lesson from Google, Amazon: Nvidia, AMD copy employee playbook; perks to retain staff

AI Summary
Chipmakers Nvidia, AMD, and Broadcom are adopting employee retention strategies similar to those used by tech giants like Google and Amazon, offering substantial stock-based compensation packages that vest over several years. These "golden handcuffs" aim to retain employees amid rising valuations and increased demand for AI-related technologies. For instance, an Nvidia employee's 2023 equity package valued at $488,000 is now worth over $2.2 million. The strategy appears effective; Nvidia’s turnover dropped from 5.3% in 2023 to 2.5% in 2025, while Broadcom reported a voluntary attrition rate of just 6.2%, below the tech industry average.
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