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Mmastodon BusinessBusiness first seen 1 d ago, last 20 min ago, peak #1

Nvidia Expands Stock Buyback by $150 Billion

Original: Nvidia Adds $150 Billion to Massive Stock Buyback, the Largest Ever https://www.nytimes.com/2026/09/28/business/nvidia-s

Nvidia has announced an additional $150 billion for its stock buyback program, which the company describes as the largest ever undertaken. The move signals continued confidence in the chipmaker's position at the center of the AI boom, and comes as investors closely watch how tech giants deploy their enormous cash reserves amid ongoing demand for AI hardware.

Why now: Nvidia's record buyback announcement reflects investor focus on AI-driven corporate profits and how tech companies are returning cash to shareholders.

Nvidia

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