- The semiconductor industry has been growing rapidly over the last decade as chip makers like Intel, Nvidia, AMD, and Micron adapt to the rise of technologies like cloud computing and artificial intelligence.
- This has also led to intense competition for talent, and major semiconductor companies are recruiting from overseas through the H-1B visa program.
- For example, AMD hired a senior manager of firmware engineering in Texas with a salary between $175,000 and $230,000, while Intel hired a strategic planning manager in California with a salary between $232,000 and $310,000 and Nvidia hired a director of deep learning inference in California with a salary between $242,000 and $250,000
- Here’s how much Nvidia, Intel, AMD, and Micron paid new hires based on disclosure data for permanent and temporary workers filed with the US Office of Foreign Labor Certification in 2020.
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The semiconductor industry has been growing rapidly as the rise of technologies like cloud computing and artificial intelligence spark stronger demand for more powerful computer processors.
Intel, the world’s biggest chipmaker, is facing stiffer competition from rivals led by AMD and Nvidia, which are challenging its dominance in the lucrative data center chip market and outpacing the Silicon Valley giant in AI. Memory chip giant Micron has also benefitted from strong demand for memory processors.
The competition has also led to heightened competition for talent, especially in hardware and software engineering and artificial intelligence. Big chip companies have been looking overseas to fill key roles through the H-1B visa program.
Business Insider analyzed the US Office of Foreign Labor Certification’s 2020 disclosure data for permanent and temporary foreign workers to find out what four major semiconductor giants — Nvidia, Intel, AMD, and Micron — have paid recent new hires.
Companies are required to disclose information, such as salary ranges, when they hire foreign workers under the H-1B visa program, giving insight into what these major companies are willing to shell out for talent.
This data comes with some caveats: For some positions, the companies gave only a salary range, rather than a specific figure. And the data included here may not give a complete picture of any given employee’s compensation package, which could also include cash or stock bonuses. Still, the disclosure data gives a rare look into the wages paid by these tech giants.
Here’s how much these top chip companies paid new employees hired in 2020: