NVDA — All updates

I said we had another topic. We talked about "Net" and " Now", and now we're talking about " Nvidia". So, let's move on to your third choice from the Big Three. Honestly, it happened by chance, but it's interesting.

Today, yes, we are talking about "Nvidia". It is certainly a name that commands a large following in the market, and has shown some relative strength recently. Once again, I think it's a name that could challenge the upper limit of the trading range during the next quarter.

Therefore, I believe that Nvidia will maintain this upward cycle, and is likely to break out of the range to record new record highs during this quarter.

If you are thinking of companies like Broadcom, Marvell, Qualcomm, Nvidia, AMD, and Apple, all of these companies rely on TSMC for at least some of their products.

The next stock I will highlight is Nvidia. Nvidia, of course, is the most prominent name in the artificial intelligence boom. The company that started it all with its own accelerated graphics processing units (GPUs), which enabled the optimization of large language models and created the possibilities we see today.

So, um it'll be interesting to see do the semis get back in gear. Um I'm still in Nvidia. Nvidia to me um I had a sell imbalance. It's still in here. Um it's still building. I think this is important to to watch moving forward.

It's uh October 1. Some new flows probably come in. They have their buyback. They're able to absorb some sellers. There's still a lot of optimism about the next year or two on spending etc.

Anyway, Nvidia, that's it. Yes, I said, as you know, this resistance, the Green Line of resistance, was working very well. It is occasionally broken by the candle line . There is no sell signal.

The trend is still upward. Profits will continue to be amazing for this company. You just need to access 236 and hack it. I don't know when it will happen, but it will. Should I hedge here?

no. Should I buy here? no. Will I sell here? no. It's more like a neutral zone, but I think it will continue to rise for some time.

Today , I will talk about AMD, Broadcom, Amazon, Meta, and Nvidia.

Nvidia dominates this market, but companies like Microsoft, Meta and OpenAI don't necessarily want to rely on a single supplier for all their computing needs.

Nvidia has a well-established software system, huge customer relationships, and much larger revenues from artificial intelligence.

take us through Nvidia and how you're looking at Nvidia right now. Uh, you know, it's just hard not to absolutely love Nvidia, you know, because of Jensen Wang. I mean, you know, I know I've been I'm I'm like the open-source AI guy.

I talk about it pretty much every week. I mean, we see what you know, Daario and Sam Alman, Open AI and Anthropic have been doing. And, you know, Nvidia is taking that different approach.

Now obviously Nvidia and Open AI or I'm sorry open AI and anthropic need uh Nvidia but you know Nvidia is just like hey we just want to power it and and it just reminds me what's so exciting about it is you know I lived through the PC era my first business was actually building PCs I know that might sound weird in these days but we used to bolt them together custom order and everything and you know whether it be DOSs and you know DOSs was Microsoft DOSs was like this way that made the computer accessible to everyone.

Then of course, Windows, you know, Windows 3.11 particularly, you know, it took off. Windows 95, so on. And all of these hardware providers, they were like, "Hey, we don't care what operating system you run.

Just buy our hardware and we know that that is Nvidia." And I just love the way that Jensen Wang is approaching it is just saying, "Hey, we're going to support everything. We're going to power this move."

I thought I was being overly optimistic about Nvidia's stock. I have ranked it as the best stock you can buy this year. I own Nvidia stock in my investment portfolio. It is one of my largest financial centers, and I am preparing to buy more of it.

So, I thought I was one of the most optimistic investors in Nvidia stock. But today, on September 28, Nvidia's management team announced an additional $150 billion share buyback mandate, meaning they will purchase additional Nvidia shares for that amount, in addition to their remaining $85 billion mandate.

Nvidia's looks like it wants to I should let me phrase this let me phrase this correctly. Nvidia looks like it wants to break out.

A couple of things struck me about the recent trading and activity in uh Nvidia. So, I'm just going to narrate what I see here. This is a stock that had a massive runup in May when all of its customers, the hyperscalers were reporting not only earnings but forward guidance and their capex plans.

Nvidia just announced a $150 billion stock buyback, and investors need to understand what that really means. This is the largest share repurchase authorization increase in history, and Nvidia plans to continue the program through fiscal 2028.

When a company buys back its stock , it reduces the number of shares outstanding. If profits remain unchanged, earnings per share increase. This can be beneficial for shareholders, especially if the company is buying shares at an attractive price.

The first area is artificial intelligence and semiconductor infrastructure, companies such as Nvidia, Broadcom, AMD, and Arista Networks.

So, are you looking at Nvidia, or AMD? Are these names of interest to you when we look at the very top of the semiconductor industry? But no one will repurchase $150 billion worth of shares like Nvidia, and no one has given us 12-month forecasts like Nvidia has.

So, we know they have a backlog of completed orders, and we expect this growth to continue beyond 2027.

Nvidia has just made a very big move, and I'm not talking about another AI chip, I'm not talking about a deal with a huge cloud service provider, and I'm not talking about another data center announcement.

Nvidia has just announced an additional $150 billion share buyback program . But here's the part that I think is being overlooked.

Nvidia and AMD have just completely changed the artificial intelligence market . Nvidia has just announced a massive share buyback program. They have announced a new innovation in the security of AI agents , which is impressive given how quickly they are moving.

Nvidia is changing the entire market and that makes me very excited about what's happening. We see that the stock rose by about 1.7% during the day. In after-hours trading, the stock rose by approximately 0.25%.

First of all, Nvidia. There's big news about Nvidia today. They announced the largest share buyback in the history of the stock market, right?

Nvidia is launching the largest stock buyback in US history. $235 billion buyback. Just think, the share buyback that Nvidia just announced was equal to the market cap of the top 10 largest companies in the world when I first entered the stock market, right? It's really incredible, isn't it?

Nvidia is the second to fall into this good basket , I would argue, based on an analysis of the technical aspects. And again , it meets all the requirements, doesn't it? Higher highs and higher lows, although it has tended to move sideways more than anything else recently.

The moving average is definitely trending upwards as we can see, and the momentum is generally strong, although we haven't seen a great deal of extremely strong momentum.

And finally, folks, we have Nvidia. How can we end the day without covering Nvidia news, especially after their announcement of a $150 billion share buyback program? That initially pushed the stock higher, and it closed the day up 1.68%, but note that I have an upward trend line that has effectively blocked all of Nvidia's attempts to rise so far.

They issued two statements today, one about the safety of artificial intelligence, and for investors, perhaps the most important was the board's announcement of a $150 billion share buyback agreement.

As the press release states, it is the largest in history, giving the board approximately $250 billion to repurchase shares currently. I think it's too small. I mean , look. They finally got rid of the one-cent-per-share dividend , which I also didn't understand.

But yes, the law of big numbers here seems out of context, and nothing seems big enough. Yes, 150 billion, boring.

We will use shares of Nvidia, Amazon, Mara, and Peloton.

As for 2023 and 2024, they were characterized by artificial intelligence chips, such as Nvidia and C3.ai.

As for Nvidia, it achieved sales of $60.9 billion in the year ending January 2024. This was an amazing number, but their business continues to grow. So, Nvidia is one of the top five stocks I will talk about in the next video.

By the way, I'm already working on this video. Nvidia is one of them. But, well, Nvidia is a great company,

Nvidia announces the largest share buyback in US history . The multi- trillion-dollar giant announced its agreement to repurchase $150 billion worth of shares. This brings the total value of authorized buybacks to $235 billion, and the company's shares are seeing a significant rise on the back of this news, even amid a weak market.