Reported about 1 month ago
Nvidia's recent authorization for a $50 billion share buyback has stirred criticism among analysts who argue it sends the wrong message to investors, particularly in light of significant insider selling and the company's limited cash reserves. Critics assert that, with Nvidia leading the AI market, the funds could be better utilized for research and development rather than buybacks, which might hardly affect its earnings per share. This decision has sparked debate about Nvidia’s long-term strategy and its potential diminishing growth prospects.
Source: YAHOO