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CEO Jensen Huang said in the same release: "Now, compute is revenue." Compute is industry shorthand for computing power

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Myriad: How high will Nvidia go? Click to make your prediction.

Monday brought the buyback.

Key facts

Summary

Nvidia shares reached a record $237.88 in Friday trading, lifting the chipmaker's market value to roughly $5.7 trillion, the largest of any company. The board added $150 billion to Nvidia's buyback authorization on Sept. 28, bringing the total to $235 billion through fiscal 2028. U.S. employers added 29,000 jobs in September against forecasts near 90,000, cooling bets on a Fed rate hike as the Nasdaq rose. Nvidia stock hit a record high on Friday, reaching $237.88 in morning trading and lifting the chipmaker's market value to roughly $5.7 trillion. Market value, or market cap, is the share price multiplied by every share in existence.

#Nvidia #Federal Reserve (FED) #Apple