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With Q2 results beating expectations, Nvidia announces a $25 billion share buyback

With Q2 results beating expectations, Nvidia announces a $25 billion share buyback

Chipmaker Nvidia startled analysts and investors with its guidance for the upcoming quarter while exceeding market expectations with its second-quarter results. On Thursday, shares of Nvidia increased 8.6% on the Frankfurt Stock Exchange after the company anticipated quarterly revenue that exceeded forecasts and announced a $25 billion repurchase. According to CNBC, Nvidia’s revenue for the…

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