Nvidia shares rise after largest-ever $150 billion buyback plan is announced
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Nvidia shares rise after largest-ever $150 billion buyback plan is announced
‘NVIDIA’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing,’ said CEO Huang
Monday 28 September 2026 21:11 BST
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Nvidia has authorized an additional $150 billion for share repurchases, capitalizing on rapid revenue expansion driven by soaring demand for its advanced artificial intelligence processors.
The California-based firm announced the expansion on Monday, describing it as the largest in history and raising its total stock repurchase initiative to $235 billion.
According to the company, the buyback strategy is scheduled to be carried out through the end of its fiscal year on Jan. 30, 2028.
Share repurchases allow businesses to distribute excess capital to shareholders while bolstering stock values.
By reducing the overall number of outstanding shares, companies can elevate earnings per share while demonstrating executive confidence in future financial performance.
“NVIDIA’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing,” said Jensen Huang, Nvidia’s founder and CEO.
“Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders. This authorization reflects our confidence in the long-term opportunity ahead.”
Following the announcement, Nvidia shares rose 2.1% during afternoon trading on Monday, extending the stock’s gains to roughly 24% so far this year.
Demand remains high for Nvidia’s premium hardware, which serves as a core foundation for artificial intelligence development. Late last month, the semiconductor manufacturer posted quarterly profits totaling $59.69 billion.
Even as artificial intelligence has boosted financial markets and supported U.S. economic growth in recent years, doubts are rising over whether the technology can deliver returns commensurate with the trillions invested.
Concurrently, the sector faces headwinds from opposition to new data centers and concerns that swift automation could trigger global job losses.
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