Nvidia's $50 Billion Share Buyback Is the Ultimate Smoke-and-Mirrors Campaign

For the better part of two years, artificial intelligence (AI) has been the hottest thing since sliced bread on Wall Street. The prospect of AI-driven software and systems learning without human intervention gives this technology broad-reaching utility in almost every sector and industry.Though we've seen no shortage of next-big-thing trends come and go on Wall Street since the advent of the internet three decades ago, none have offered as large of an addressable market as artificial intelligence. Based on a report issued by researchers at PwC, AI is forecast to add $15.7 trillion to the global economy in 2030.While a number of stocks have soared on the heels of the AI revolution, no company has benefited more than semiconductor goliath Nvidia (NASDAQ: NVDA).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool