Speaker holds NVDA shares long-term; AI platform shift and buybacks outweigh structural concerns.

cybersecurity stocks such as CrowdStrike and Palo Alto Networks rose based on the idea of “the need to defend against this,” while chip stocks declined.

So, Nvidia, Meta, and the big companies, will continue until a new headline about a rogue customer triggers another market scare.

So, if you hold Nvidia or Meta shares based on the AI development thesis , nothing that happened on Tuesday changes your position.

I will talk about Nvidia's largest share buyback program in US history, Nvidia's board of directors on Monday approved a $150 billion increase to its share buyback program , bringing the total buyback authorization to $235 billion, surpassing Apple's record of $110 billion in May 2024.

Monday approved a $150 billion increase to its share buyback program , bringing the total buyback authorization to $235 billion, surpassing Apple's record of $110 billion in May 2024.

This comes just four months after Nvidia's board added $80 billion to the program.

This timing comes with record sales of $96 billion for the quarter ending in July. The company expects revenue growth of 70% in 2027.

CEO Jensen Huang described it as a once-in-a-generation platform shift towards artificial intelligence . But the buyback comes alongside growing structural financial concerns that people still have about Nvidia.

They have disclosed their stakes and investments in 13 public companies. And here we are, Robert. 229 private companies. They also partially guarantee up to $500 billion in data center financing for their clients.

They have directly supported the OpenAI data center project in Ohio, and have $20 billion in long- term leases for data centers that they plan to reallocate to other companies.

Nvidia is still very much aware of this . 5, 6 trillion. I am a shareholder in the company. I'm riding this wave. Who am I to tell Jensen Huang, whom Trump describes as a very handsome man, how to spend his company's money?

Keep shining, Jensen. I will remain a contributor until my grave.