Reported about 1 year ago
According to tech analyst Ben Reitzes, Nvidia's AI leadership and continuous innovation will lead to significant cash flow, projecting $270 billion in the next three years. This surplus could result in substantial returns for shareholders through stock buybacks, despite Nvidia already initiating a $25 billion repurchase program last August and increasing its quarterly dividend. With Nvidia's robust financials showcasing accelerated cash generation, Reitzes believes that additional stock buybacks are a logical move for the company, emphasizing that it does not indicate a halt in growth.
Source: YAHOO