As the race to dominate the manufacturing of AI chips gains momentum among the top tech companies, a tool that has been in use for long at Silicon Valley has taken on a whole new role. ‘Golden handcuffs,’ a term referring to stock-based payment modalities that are vested over several years, have gained more prominence to boost the retention of key employees as talent poaching threatens the stability of innovative teams at companies.
It remains to be seen how global leaders in the AI chips market like Nvidia Corp. (NASDAQ: NVDA) will succeed in using stock-based compensation terms to strike a balance between minimizing talent…
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