“On August 21, 2023, the Board of Directors approved an additional $25.00 billion in share repurchases, without expiration.”
Revenue hit $13.51 billion, up 101% in a year, and data center alone brought in $10.32 billion. GAAP earnings per share rose 854%. The AI boom paid for an extra $25 billion in buybacks with no expiration date. Nvidia guides non-GAAP gross margins to 72.5% next quarter. Customers pay the markup and shareholders get it back.