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186 Nvidia’s Mushrooming Cash Pile Spotlights Spending Choices

The Information
Martin Peers @ The Information 1 place · 11/23/2025 11:00 EDT

Nvidia’s Mushrooming Cash Pile Spotlights Spending Choices

All of the big tech companies have long been cash geysers. But the rate at which Nvidia’s cash production has exploded in the past couple of years is on a whole different level than other companies have experienced. And that’s raising questions about how Nvidia will spend its fast-expanding cash pile.

Nvidia’s free cash flow has mushroomed from $3.8 billion in the year to January 2023 to an estimated $96.5 billion in the year ending this coming January, a period when its sale of specialized chips for AI to

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