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".
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