Nvidia Discloses $235B Buyback, Record Margins as Nscale-Anthropic $45B Compute Deal Takes Shape
NVDA sits 28% above its 52-week low of $164.27.
Summary
Nvidia's quarterly report showed record revenue and operating margins above 60%, and the company unveiled a $235 billion share buyback authorization — a step up from the $80 billion program authorized in May. The bigger swing factor is the Nscale link: Nvidia is investing in Nscale, which is tied to a potential ~460 MW AI compute sale to Anthropic worth about $45 billion, with Nvidia possibly providing credit support for the financing. That structure effectively seeds demand for its own accelerators, though it also puts Nvidia's balance sheet behind a customer's buildout. On the negative side, the DOJ is probing the $12.93 billion Hugging Face bid over competition concerns, and CEO Jensen Huang said he found no proof Megaspeed diverted GPUs to China after reviewing deployments — reports show a Megaspeed affiliate bought about $4.8 billion of Nvidia AI gear between June 2024 and February 2026. Separately, Nvidia put $3 billion into Meta to deepen work on Vera Rubin and Spectrum-X networking. The buyback and margin print support the stock; the DOJ review and export-control scrutiny are the overhangs to track.
At the time of this announcement, NVDA was trading at $210.15 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.1T. The 52-week trading range was $164.27 to $243.37. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.