Reaction
Nvidia’s record buyback and the case that its stock is cheap
CNBC says Nvidia is looking to spend hundreds of billions of dollars buying its shares, which it describes as historically cheap based on earnings expectations.
TLDR
CNBC casts Nvidia’s record buyback as a sign its stock is too cheap for CEO Huang to resist. It says the chipmaker is looking to spend hundreds of billions of dollars buying shares while they are historically cheap based on earnings expectations.
Combined views
6
1 Source, first seen 6h ago