Governor Greg Abbott today congratulated NVIDIA on the announced construction of two supercomputer manufacturing facilities in Texas, in partnership with Foxconn in Houston and with Wistron in Dallas. Production at both facilities is expected to ramp up in 12-15 months. “Texas is where the future of innovation is building,” said Governor Abbott. “I congratulate NVIDIA on their Texas-sized investment in Houston and Dallas in support of their first-ever all-American-made AI supercomputers. Texas leads the nation in semiconductor manufacturing and advancements in technology. As demand for technologies powered by artificial intelligence continues to grow, we will work with industry leaders from around the globe to accelerate production, ensure supply chain resilience, and lead the American resurgence in advanced manufacturing from Texas.” The location will be immediately south of the Sam Houston Racetrack on Fallbrook and Fairbanks North Houston.
Nvidia has over 29,000 employees worldwide. Many of its employees who started with the company are now millionaires. That latest number is at 76% with one in three boasting a net worth of over $20 million. This, after its stock skyrocketed in 2019 by 3,776%. Its revenue increased 78% from $22.1 billion in its fiscal 2024 Q4 to $39.3 billion in its most recently ended fiscal quarter. As of Apr 5, 2025, the average hourly pay for a Nvidia in the United States is $53.14 an hour. While ZipRecruiter is seeing hourly wages as high as $73.32 and as low as $16.11, the majority of Nvidia wages currently range between $42.31 (25th percentile) to $66.59 (75th percentile) across the United States.