Very succinct summary - with the contrast (from an investor perspective) magnified by the fact that Nvidia has stable management that has delivered over a number of years, compared to Intel's untested CEO and recent history of significant mis-steps.
I'd expand this further to say Nvidia has an enthusiastic, highly-charismatic CEO who literally has groupies (e.g., when you see him at conferences.) For a big-time CEO, he is also surprisingly nice and approachable -- I've now interacted with him on three separate occasions. It makes me like him, his company, what he does.
I realize that is touchy-feely but I wonder how common this sentiment is.
Never met him, but seems very impressive and approachable - how many CEOs would give a talk to students sitting on the steps of a university entrance? [1]
Just to add though that having groupies is not necessarily a positive for investors!
Definitely a well intentioned gesture but as always in SV corporate world, just becomes weirder by the minute :)
He gives me creepy vibes. But every CEO does that, so I’m not sure it’s a bad thing. At least I actually liked him.
Dr Lisa Su is a product CEO as well. She had a much tougher time with AMD's debt and lack of resources, but still manage to pull things off. And small Fun Fact. Jensen and Dr Lisa Su are actually family relatives.
Source: I know people who work there.
I agree, I've seen many companies cut perks and yet not save any money, they just reduce morale.
reducing perks is also a danger sign that a company is in a death spiral. If the company is to the point where it's worrying about $200 a week in fruit across N thousands employees then that can be indicative of other internal problems
Many companies reduced pay by 10%-20% or stopped 401k match or even pay raise when C suite still made profits from recent stock moves.
If the lunchroom is like the orphanage in Oliver Twist, and you have 12 inch VGA monitors, well, that's just the way it is.
At another company, if one day you notice that the coffee in the break room is no longer organic, even if it's of good quality, and the string cheese is only restocked twice a day instead of three times, that's a bad sign. Somebody is trying to save money. That may not mean the company is in trouble but it's a sign something isn't as good as it once was.
and/or that money is tight and things are likely to get worse