Nvidia’s $235 Billion Buyback Plan Faces Questions Over Cash Availability

Nvidia’s $235 billion stock-buyback authorization faces questions over how much cash remains available for shareholder returns after strategic uses, including equity investments. The company has emphasized free cash flow after strategic uses, but it has not formally changed its traditional free-cash-flow formula. Under that stated measure, Nvidia recorded $69.9 billion in free cash flow during the first half of its fiscal year through July 26. Nvidia recorded $35.2 billion in net cash outflows for equity investments during the period.

Source: TokenPost