Capital · out

modest capex (fabless), $80B buybacks authorized, ~$30B strategic equity into buyers, small dividend

med confidence · as of 2026-07-26 · about Nvidia

Sourced figures 1

Nvidia IR — Q1 FY2027 results buyback + strategic-equity + dividend outflows
2026-04 med

the working

Threads 7

Circular Financing developing
Hyperscaler Capex open
Where the Capex Lands open
Compute Spend open
Nvidia's Order Book open
Nvidia as Lender open
CoreWeave Bet open

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