Shares of Nvidia (NVDA.O) surged approximately 8.5% in premarket trading on Thursday, boosting tech shares globally. This came after the company announced a $25 billion buyback plan and forecasted quarterly…
Nvidia
Nvidia bets $25 bln that AI boom is far from over
Nvidia’s CEO, Jensen Huang, expressed his belief that the artificial intelligence (AI) boom will continue into next year. To support this optimism, the company announced a significant investment in the…
By News Team August 23, 2023
Nvidia adds jet fuel to AI optimism with record results, $25 billion buyback
Nvidia exceeded expectations with its quarterly revenue forecast, driven by the demand for its chips in the artificial intelligence (AI) sector. The company also announced a $25 billion stock buyback,…
By News Team August 23, 2023
Nvidia forecast tops Wall Street expectations, $25 billion share buyback planned
Chip designer Nvidia has announced its third-quarter revenue forecast, which surpasses Wall Street expectations. The company also revealed plans to repurchase an additional $25 billion worth of shares. This positive…
By News Team August 23, 2023
Nvidia shares up on hopes of strong results powering another AI rally
Nvidia shares (NVDA.O) saw a 2% increase on Wednesday due to growing expectations that the chip designer will provide a strong outlook and boost markets. This is a result of…
By News Team August 23, 2023
