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$NVDA Nvidia announced an $80 billion stock buyback program and raised its quarterly dividend to $0.25 per share from $0.01, representing a 25 fold increase, as part of its latest capital return initiatives to shareholders.
This massive new authorization significantly expands Nvidia's ongoing share repurchase efforts, underscoring strong confidence in its future growth amid its dominant position in AI chips, while the sharp dividend hike marks a notable shift toward returning more cash to investors.
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#RateHikesBackOnTable #SpaceXHolds18KBTC #NvidiaBeatsButDrops
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