Did Nvidia Make a $40 Billion Mistake in Fiscal 2026?

Did Nvidia Make a $40 Billion Mistake in Fiscal 2026?

Key PointsNvidia spent $40 billion on share repurchases last fiscal year, which amounts to 33% of its total net income.Given the ongoing AI boom, it makes sense for investors to think the business should plow more capital into its operations to capture the opportunity.Nvidia is positioned to live and die by the progress and adoption of AI capabilities.10 stocks we like better than Nvidia › With a market capitalization around $4.1 trillion (as of…