Nvidia Unveils Record-Breaking $150 Billion Share Buyback Plan
Nvidia has greenlit the biggest share buyback in market history, approving an expansion of its existing plan by $150 billion.
The tech giant's chips are powering much of the AI boom, and the company said it expects to finish the buyback by the 2028 financial year.
Nvidia CEO Jensen Huang said the move is in line with the company's strategy to return capital to shareholders as it generates cash from its growing business.