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Benzinga
Benzinga
Business
Rishabh Mishra

Michael Burry Says Nvidia Spent $112.5 Billion On Buybacks Adding 'Zero' Shareholder Value — 'The True Cost...'

Michael Burry Nvidia NVDA Nasdaq Jensen Huang SBC
Nvidia Corporation

Famed “Big Short,” investor Michael Burry, known for his prescient bet against the housing market, has publicly questioned Nvidia Corp.‘s (NASDAQ:NVDA) capital allocation strategy, asserting that the tech giant’s $112.5 billion spent on stock buybacks since 2018 has effectively yielded “zero” additional shareholder value.

Check out NVDA's stock price here.

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