Market Chatter: Nvidia Talent Being Recruited by AI Chip Startup Etched

MT Newswires Live
08/19

Nvidia (NVDA) talent is being recruited by Etched, with about 15% of the artificial intelligence startup's 400 employees having previously worked at Nvidia, The Wall Street Journal reported Tuesday.

Etched has Nvidia's former vice president of data-center systems engineering, Jimmy Daley, as an investor in the startup after he retired in July. Additionally, Anthony Gamerman, a systems engineer at Nvidia, joined Etched in April, partly because a number of people he admired had already jumped ship, the report said.

In 2023, Saptadeep Pal, who researched multi-GPU parallelization at Nvidia and later co-founded Auradine, was hired by Etched to be its chief silicon architect, WSJ reported.

Similarly, in 2024, Etched recruited Brian Loiler, a top systems engineer who spent nearly 23 years at Nvidia, to help design servers and racks to integrate its chips into one big system. Loiler, in turn, has hired about a dozen engineers from Nvidia for Etched, according to the report.

Nvidia and Etched did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 220.08, Change: -4.93, Percent Change: -2.19

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