Cramer Calls on Nvidia to Boost Buybacks by Fivefold

Renowned financial expert Jim Cramer is urging Nvidia to increase its share buyback program by five times. This would allow the company to repurchase approximately 10% of its stock, which Cramer believes undervalues the company's true worth.

Nvidia currently has $99 billion in remaining buyback authorization and substantial cash flow, but prioritizes strategic investments first. According to Cramer, a larger buyback program would better reflect the company's value despite its strong profitability and growth.