$NVDA

- NVIDIA HIKES DIVIDEND 2,400%, AUTHORIZES $80B BUYBACK Steven Fiorillo of Seeking Alpha notes NVDA now committing to return ~50% of FCF to shareholders. 85% YoY revenue growth, 75% gross margins. Dividend could grow at 50% annual rate; nearly 10% of shares retired over five years. $NVDA AH $220.80 (+1.29%) Affected: $AMD $AVGO $MRVL $INTC $QCOM $MU

- NVIDIA HIKES DIVIDEND 2,400%, AUTHORIZES $80B BUYBACK