AICNETabout 1 hour ago
Nvidia Authorizes Record $150 Billion Buyback
6 min read
Nvidia authorized a record $150 billion stock buyback on Monday, lifting total repurchase capacity to $235 billion through fiscal 2028. The move follows $96.2 billion in second-quarter revenue, up 106% year over year. Critics call it a confidence operation as AI startups burn cash without proving standalone revenue, and hyperscalers face roughly $300 billion in expected 2026 bond issuance.
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