Kristina Partsinevelos
@KristinaParts
@CNBC Nasdaq correspondent covering semiconductors and AI hardware. Montreal native with a passion for dance and cookies.
Joined December 2009
1.3K Following 31.4K Followers
NEW $NVDA CEO on buybacks: those big AI-lab investments this year won't repeat, because he expects those firms to go public. That frees up "tremendous" free cash flow next year. Buybacks were 60% of returns last quarter, and says "we are going to increase that going forward".
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NEW On @MadMoneyOnCNBC, $NVDA CEO Jensen Huang added color on the AWS deal: beyond the 2 million GPUs, Amazon's also buying "millions of CPUs" plus using Nvidia tech for robotics. $AMD $INTC
