Nvidia's explosive growth has made it the defining stock of the artificial intelligence boom. But the company's next major catalyst may come from returning enormous amounts of cash to shareholders.
The company could increasingly use dividends and stock buybacks to support its valuation, following the same playbook that helped Apple shares command a higher price-to-earnings multiple, according to a new Yahoo Finance analysis. The argument comes as Nvidia ramps up its capital return program while continuing to post extraordinary growth in its core AI business.
