Nvidia launches corporate PAC, expanding Washington footprint
Summary
Nvidia has started a political action committee (PAC) funded by its employees to take part in election spending. The PAC is officially called the Nvidia Corporation Employees Federal Political Action Committee and aims to increase the company’s involvement in Washington politics.Key Facts
- Nvidia is launching a new corporate political action committee (PAC).
- The PAC is funded by employees who are allowed to contribute.
- Its official name is Nvidia Corporation Employees Federal Political Action Committee.
- The launch was announced with a formal filing on Thursday.
- This PAC will let Nvidia increase its influence in political matters in Washington.
- The PAC was first reported by Bloomberg Government.
- Political action committees raise money to support candidates or causes in elections.
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