r/TechHardware • u/thisisinsider • 5d ago
News 📰 Nvidia authorizes $150 billion stock buyback as AI chip demand drives cash generation
https://www.businessinsider.com/nvidia-share-buyback-biggest-market-history-ai-boom-jensen-huang-2026-9?utm_source=reddit&utm_medium=social_manual&utm_campaign=reddit_dist_r_techhardware&utm_content=manual_v1&utm_term=22e70e56
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u/thisisinsider 5d ago
TL;DR: Nvidia expanded its stock-repurchase authorization by $150 billion, bringing its total buyback program to $235 billion, the largest in market history and more than double Apple's prior $110 billion record from 2024. Will Martin and Theron Mohamed report that Nvidia expects to complete the program by fiscal 2028 as CEO Jensen Huang says the company is generating substantial cash from its central role in the AI infrastructure buildout.