“So much money!” Nvidia has nowhere to invest; instead of buying back shares, it would be better to choose to “let AI form a closed loop.”
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Nvidia, flush with massive cash reserves, is attempting an entirely new approach to capital deployment—investing tens of billions of dollars into key customers, partners, and even competitors to build a self-sustaining "AI closed-loop ecosystem," thereby securing long-term demand for future chips.
The most eye-catching move is Nvidia’
