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Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback - Yahoo Finance
Overview
Nvidia forecast second-quarter revenue above expectations and unveiled an $80 billion share repurchase program, signaling continued strong demand for its AI-focused chips. The upbeat guidance and massive buyback have helped drive investor enthusiasm and likely contributed to recent gains in Nvidia shares. This development also explains the market anticipation and positioning seen in futures and chip-led rallies earlier in the week.
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