B. More AI infrastructure & R&D.
Nvidia’s strongest advantage is its technology ecosystem, so I would prioritise reinvesting cash flow into the next generation of GPUs, networking, software and AI infrastructure. Buybacks can improve per-share metrics, but sustained R&D investment could strengthen Nvidia’s competitive position as AI technology evolves. I would still support selective buybacks or acquisitions, but innovation should remain the core priority while AI demand continues to expand.
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