Nvidia did a massive share buyback with a portion of the ridiculous profits they made last year. That serves to temper expectations, as they’re signaling that they’re not going to be investing all their profit in yet more production (which is difficult anyway given they don’t have their own fabs and TSMC seems to be running at full capacity).
Likely they’ll be doing another one next year and shareholders will be happy.
Nvidia did a massive share buyback with a portion of the ridiculous profits they made last year. That serves to temper expectations, as they’re signaling that they’re not going to be investing all their profit in yet more production (which is difficult anyway given they don’t have their own fabs and TSMC seems to be running at full capacity).
Likely they’ll be doing another one next year and shareholders will be happy.