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GgoogleDE first seen 10 d ago, last 2 d ago, peak #1

Nvidia near $6 trillion market cap with $150 billion buyback

Original: nvidia

Nvidia's stock has surged back to record highs, pushing the chipmaker's market value close to $6 trillion. At the same time, the company announced a $150 billion increase to its share repurchase authorization, one of the largest buyback programs ever. CEO Jensen Huang signaled he considers the stock undervalued, and analysts are debating whether investors should follow Nvidia's bet on itself.

Why now: The combination of a record share price, a near-$6 trillion valuation and an unprecedented buyback has drawn intense investor attention.

NvidiaJensen Huang

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