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Nvidia boosts share buyback by record $150 billion as AI boom fuels growth

Sept 28 (Reuters) - Nvidia ⁠bolstered its share buyback authorization by $150 billion, ⁠surpassing Apple's $110 billion boost in 2024 to ‌mark the biggest-ever increase in a stock repurchase program.

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英伟达宣布增发股票,规模创纪录地达到1500亿美元,人工智能的蓬勃发展推动了公司的增长。

FILE PHOTO: FILE PHOTO: The NVIDIA logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

Sept 28 (Reuters) - Nvidia ⁠bolstered its share buyback authorization by $150 billion, ⁠surpassing Apple's $110 billion boost in 2024 to ‌mark the biggest-ever increase in a stock repurchase program.

The additional authorization lifts Nvidia's remaining buyback capacity to $235 billion, which it ​expects to use through fiscal ⁠2028, as surging ⁠demand for AI training and inference fuels cash generation.

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