✉news TechnologySemiconductors first seen 4 h ago, last 4 h ago, peak #32
Nvidia adds $150 billion to share buyback plan
Original: Nvidia's board increases chipmaker's share buyback plan by $150 billion
Nvidia's board has approved a $150 billion expansion of the company's share buyback programme, giving the chipmaker additional room to repurchase its own stock. The move signals continued confidence from the company's leadership despite recent market volatility around AI-related valuations, and investors are watching how the company will deploy the enlarged authorisation.
Why now: Nvidia's enormous new buyback authorisation signals board confidence and is closely watched amid AI-driven market swings.
Evidence
- Nvidia's board increases chipmaker's share buyback plan by $150 billion · Action News Jax
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