"Even if You're Chinese, It's Okay"... The Boss Loved by 96% of American Employees

Jensen Huang, NVIDIA CEO
Survey Results from US Workplace Community
The Power of Stock Price Increase and Employment Stability

Jensen Huang, CEO of Nvidia, one of the leading companies in artificial intelligence (AI) computing, has been selected as the most supported CEO by employees in the United States this year.

Support Rate 96%... Will Support Continue Despite U.S. Anti-China Policies?

Jensen Huang, CEO of NVIDIA
Photo by AFP

According to a survey conducted by the U.S. workplace community Blind on the 18th, CEO Huang recorded an employee support rate of 96%, ranking first. Following him were Doug McMillon, CEO of Walmart (88%), and Nikesh Arora, CEO of Palo Alto Networks (84%). Tim Cook, CEO of Apple, also received 83% support, placing fourth.

This survey was conducted on the Blind platform by Blind U.S. in August, targeting a verified group of 13,171 professionals. It analyzed CEO support rates based on employee feedback.

Blind CEO approval rating survey results in the United States. [Image source=Blind USA]

The high support rate is presumed to be significantly influenced by factors such as the company's stock price increase and job security for employees.

Among the top 10 CEOs by support rate, except for Autodesk, none of the companies conducted layoffs since last year, despite many companies implementing workforce reductions this year.

In addition, Nvidia has seen explosive interest in generative AI and related fields, leading to a surge in attention toward Nvidia, which supplies graphics processing units (GPUs), the hardware for AI. As a result, its stock price rose approximately 222% compared to the beginning of the year.

However, Nvidia, the leading AI semiconductor company, was hit hard by the U.S. government's export control measures on AI chips to China.

On this day, Nvidia's stock price closed at $439.38 (?595,799), down 4.68% from the previous day on the New York Stock Exchange. Its market capitalization also decreased to $1.085 trillion (?1,471.26 trillion), erasing $53.3 billion (?72.2748 trillion) in value in just one day.

Notably, Nvidia's decline was larger than other semiconductor companies such as Broadcom (-2%), Marvell (-0.9%), and Intel (-1.4%).

Nvidia had previously stated in August that while the U.S. government's additional AI chip export restrictions to China would not have an immediate impact on the company's revenue, long-term losses are expected.

CEOs Who Could Not Guarantee Job Security Receive Low Support Rates

Nordstrom Department Store in downtown San Francisco, which closed after 35 years on August 27. [Image source=EPA Yonhap News]

Conversely, CEOs of companies that carried out large-scale layoffs this year received low support rates.

Eric Nordstrom, CEO of Nordstrom, a U.S. department store chain that withdrew from cities like San Francisco and laid off thousands of workers, recorded a support rate of 0%.

Similarly, Linda Yaccarino, CEO of X (formerly Twitter), had a support rate of 4%, and Andy Jassy, CEO of Amazon, had 10%. John Riccitiello, former CEO of Unity who resigned after nine years amid recent pricing controversies, also had a support rate of only 2%.

Mark Zuckerberg, CEO of Meta (which conducted layoffs of over 50,000 employees), Sundar Pichai, CEO of Google, and Satya Nadella, CEO of Microsoft, also showed relatively low support rates at 45%, 26%, and 30%, respectively.

This content was produced with the assistance of AI translation services.