Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go.

Posted: Jun 30, 2024

- Analyst predicts strong future for AI chip leader Nvidia - Nvidia has mastered a "full stack" approach with hardware and software in AI - Price target of $160 on $NVDA stock, implies 30% gain - Nvidia has biggest upside among Magnificent 7 stocks covered by Reitzes - Advantage over rivals with annual innovation of new products - Projected to generate $270 billion in cash over next three years - Possibility of stock buybacks for huge shareholder returns mentioned - Recommendation to invest in Nvidia for potential gains in the future





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