Nvidia has introduced a special stock grant for its employees in India, with payouts ranging from ₹5 lakh (approximately $6,000 USD) to ₹1 crore (approximately $120,000 USD). This initiative, called the “Jensen Special Grant,” was announced by CEO Jensen Huang and aims to provide an additional 25% of initial restricted stock units (RSUs) to employees. The grant will vest over four years, beginning with 6.25% on September 18, 2024, and will be based on an average Nvidia share price of $898.2. Reports indicate that stock-based compensation can account for 50% to 75% of total pay for mid- to senior-level roles, particularly in chip design and AI engineering, where top engineers can earn between ₹2–3 crore annually. This trend reflects a broader shift in the AI economy towards equity compensation, aligning employee interests with company performance. Entry-level roles, however, still see modest salaries, with IC1 roles earning between ₹10–22 lakh and IC2 roles ranging from ₹23–32 lakh.