In One Timeline

NVIDIA vs Walmart: Profit Per Employee Isn't Close

NVIDIA's ~36,000 employees each generated about $2M in profit last year. Profit per employee vs Meta, Apple, Microsoft, Amazon, and Walmart on one honest linear scale — plus the fabless catch: the ~84,000 TSMC workers who actually build the chips aren't on the payroll.

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No third-party image credits. This episode's visuals are original charts/animations and AI-generated b-roll — nothing that requires attribution.

Data sources & references

02Comparables — Meta / Apple / Microsoft / Amazon FY2024 and Walmart FY2025 10-Ks (SEC EDGAR)
03Fabless context — TSMC 2024 annual report (~84,000 employees)