Elon Musk: Without This Company, "Civilization Will Crumble"

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...

Nvidia, Intel And Other Top Chipmakers Grapple With Gender Disparity Despite AI Surge: Report

Benzinga Neuro
September 04, 2024

Amid the AI surge, top chip manufacturers including Nvidia Corporation (NASDAQ:NVDA) and Intel Corporation (NASDAQ:INTC) are reportedly wrestling with a considerable gender disparity.

What Happened: A 2023 Accenture analysis reveals that women constitute between 20% and 29% of the semiconductor industry, a slight rise from the previous year. However, less than 10% of women occupy technical director roles, and under 5% hold technical executive leadership positions, Business Insider reported on Tuesday.

Despite women constituting the majority of undergraduate and advanced degree holders, they account for less than 23% of engineering and computer science graduates. This percentage is even lower among minority women.

See Also: Twitter Co-Founder Jack Dorsey Endorses Swedish VPN Service After Elon Musk’s X Gets Banned In Brazil

Corporate social responsibility reports indicate that approximately 20% of Nvidia’s workforce and 28% of Intel’s workforce are women. Women occupy 15% of technical roles at Nvidia and 25% at Intel. Both companies have set objectives to boost female representation in leadership and technical roles.

Why It Matters: The gender pay gap issue is not new in the tech industry. On International Women's Day in 2024, a study highlighted the alarming gender pay gaps experienced by women in game development.

In June, Apple faced a class-action lawsuit over alleged unequal pay for women. Furthermore, leaked data in August showed a substantial pay disparity in favor of AI engineers at Microsoft Corp.

Read Next:

  • Trump Misunderstands Taiwan’s Role In Chip Industry, Says Economy Minister: ‘The President Has A Lot On His Plate’

Image via Shutterstock

This story was generated using Benzinga Neuro and edited by Pooja Rajkumari

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