Does Nvidia Have Too Much Cash? Unpacking the Case for More NVDA Stock Buybacks, Larger Dividends, and Less Deals.

As Nvidia continues to make headlines with its massive investments, investors are increasingly convinced the company has too much cash, raising the key question of how it should deploy it most effectively. Last week, the chipmaker announced it would take a $2 billion stake in chip design firm Synopsys. This follows a series of major investments announced this year, including a $1 billion stake in Nokia (NOK), a $5 billion investment in Intel (INTC), and a $10 billion investment in Anthropic—totaling $18 bil ...