WS #15005
Nvidia has authorized a record $150 billion share buyback, the largest in US history, underscoring the company's robust cash generation and commitment to shareholder returns despite the broader market selloff. This move is corroborated by news that Anthropic's contracted cloud value has surpassed $180 billion, indicating sustained, high-level demand for AI infrastructure. These developments highlight a strong fundamental thesis for the AI sector, contrasting with the macro-driven weakness seen in the wider Nasdaq.
Nvidia Record Buyback and AI Demand
Nvidia has authorized a record $150 billion share buyback, the largest in US history, underscoring the company's robust cash generation and commitment to shareholder returns despite the broader market selloff. This move is corroborated by news that Anthropic's contracted cloud value has surpassed $180 billion, indicating sustained, high-level demand for AI infrastructure. These developments highlight a strong fundamental thesis for the AI sector, contrasting with the macro-driven weakness seen in the wider Nasdaq.