AIBloomberg1h ago
Nvidia increases its share buyback program
Nvidia increases its share buyback program by $150B to $235B, aiming to complete the process through fiscal 2028; NVDA is up 20% in 2026
TL;DRNvidia expanded its buyback program by $150B, signaling confidence in its AI-driven valuation.
Why it matters: Massive buybacks reduce share count, boosting per-share earnings and rewarding shareholders amid AI boom.
Nvidia Corp., the chip developer at the heart of the artificial intelligence boom, increased the size of its share buyback plan by $150 billion …
Read full articleSource: Bloomberg · Opens in new tab