Nvidia Announces Special Jensen Grant, Boosting Employee Stock by 25%
The grant, named after CEO Jensen Huang, aims to reward employees amid Nvidia's soaring market value and AI chip demand.
- Nvidia employees receive a 'Jensen special grant' providing an additional 25% of their initial stock units, vesting over four years.
- The initiative reflects Nvidia's recent market cap surge to $2 trillion, driven by high demand for its AI chips.
- The grant was announced during annual performance reviews, with the first vesting set for September.
- CEO Jensen Huang's compensation strategy focuses heavily on equity, aligning with the company's performance.
- Nvidia's stock has significantly appreciated, benefiting from the generative AI boom and robust quarterly revenues.