Also, make Shacknews your go-to destination for financial news as it relates to the tech and gaming industries. Stick with us as we continue to follow the latest developments with the company. Nvidia’s (NVDA) bolstering of its buyback program could spell out good news for the company and shareholders alike. Our new chips and systems will greatly advance AI, graphics, Omniverse, self-driving cars and robotics, as well as the many industries these technologies impact. The delta of each put option is in the right-most column of the table. On Market Chameleons Nvidia (NVDA) option chain, the delta of each call option is in the left-most column of the table above. We are gearing up for the largest wave of new products in our history with new GPU, CPU, DPU and robotics processors ramping in the second half. Correspondingly, a delta of -0.75 means the option price would go down 0.75 if the the stock price goes up 1. Nvidia CEO Jensen Huang also provided a statement about Nvidia’s upcoming product offerings in the report. Following the release of the earnings report, Nvidia (NVDA) stock saw a sharp drop in after-hours trading, hitting a low of $153.42 before it began to climb back up. With Nvidia looking to gobble back up so much of its own stock, it will be interesting to see how the company’s share value is impacted. “On May 23, 2022, the board of directors increased and extended the company’s share repurchase program to repurchase additional common stock up to a total of $15 billion through December 2023.” Nvidia had already been buying back its own stock, but will boost those efforts over the next year. In the report, the tech company gives an update on its share repurchase program. Nvidia (NVDA) Dips More Than Broader Markets: What You Should Know In the latest trading session, Nvidia (NVDA) closed at 115, marking a -0.74 move from the previous day. Nvidia’s (NVDA) Q1 2023 earnings report was released on May 25, 2022. ![]() Returns Potential A+ 57 price target upside from sell-side analysts. Nvidia, meanwhile, had its price target cut by 38 at Citigroup, to 210 per share, amid moderating growth rates in the sale of cloud computing chips. Yield Attractiveness D 0.13 forward dividend yield. It was here that Nvidia revealed its plans to increase its share buyback program to $15 billion through 2023. Ratings - NVDA Dividend Safety A+ 312.8B mega cap. ![]() ![]() In addition to a look at recent performance, the report also took a look at the company’s future plans. Nvidia’s (NVDA) Q1 2023 earnings report broke down how the gaming technology company has financially performed over the latest quarter.
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