Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says
AI chip leader Nvidia will have an embarrassment of riches in the coming years, and shareholders will be rewarded, a tech analysts predicted.
Ben Reitzes, a managing director and head of technology research at Melius Research, told CNBC on Wednesday that Jensen Huang’s Nvidia has mastered a “full stack” approach with its hardware and software, giving it a key advantage in AI.