Nvidia raises its share repurchase authorization by $150 billion, bringing the remaining额度 to $235 billion; revenue in the previous quarter was $96.2 billion. The authorization does not mean the shares have already been bought back, but management has clearly said that cash flow is sufficient to support both AI investment and repurchases at the same time.
This doesn’t mean the AI cycle will never top out, but it does suggest that current growth is not just being propped up by a story. If I’m bullish on NVDAB, what I care more about is this: computing power spending is still continuing, and the cash engine is now strong enough to balance investment with shareholder returns.
#NVDAB
This doesn’t mean the AI cycle will never top out, but it does suggest that current growth is not just being propped up by a story. If I’m bullish on NVDAB, what I care more about is this: computing power spending is still continuing, and the cash engine is now strong enough to balance investment with shareholder returns.
#NVDAB