Nvidia CEO Jensen Huang speaks throughout Computex 2024 in Taipei on June 4, 2024.
I-hwa Cheng | AFP | Getty Photographs
Nvidia mentioned Wednesday that its board of administrators has authorized a $50 billion inventory buyback.
The pc chip large introduced the share repurchase as a part of its fiscal second quarter earnings, by which it reported earnings and steerage that surpassed Wall Avenue expectations.
Nvidia mentioned “it would pay its subsequent quarterly money dividend of $0.01 per share on October 3, 2024, to all shareholders of report on September 12, 2024.”
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