Nvidia's Earnings Report Could Propel Stock to New Heights

As Nvidia prepares to report its fiscal 2025 Q3 earnings on November 20, two key figures to watch are the progress of its $50 billion stock buyback program and the impact of its new Blackwell GPU launch. Nvidia has already repurchased $15.1 billion in shares, with $7.5 billion remaining under its current authorization, plus an additional $50 billion approved. The success of the Blackwell GPU, projected to generate $10 billion in revenue, could be affected by Nvidia's decision to shift orders away from Super Micro Computer due to its recent accounting scandal. These factors could influence Nvidia's stock valuation and future buyback decisions.