Overview
- Nvidia chief Jensen Huang told reporters on Tuesday at Computex in Taipei that companies should pay workers “as much as possible” and said he pays his employees as much as he can.
- Huang rejected the idea that AI will mainly cost jobs, calling that notion “nonsense” and saying AI will instead drive revenue, profit and economic growth.
- Samsung recently reached a union deal that reports say will deliver very large bonuses to many chip engineers, with published estimates ranging up to about $400,000 and around 60% of the domestic workforce cited as eligible for roughly $330,000.
- Nvidia has also said it will sharply boost spending in Taiwan to support local chip fabs and partners, a move that deepens the region’s role in global AI supply chains and raises labour and concentration questions.
- TSMC has held internal town halls to address pay concerns and will face related questions at its June 4 annual meeting, while Computex product news included Nvidia’s new laptop AI chip and comments that the company is supply constrained despite strong demand.