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Mmastodon BusinessMarkets first seen 8 h ago, last 18 min ago, peak #4

Nvidia Adds Record $150 Billion to Stock Buyback

Original: Nvidia Adds Record $150 Billion to Stock Buyback https://www.wsj.com/tech/ai/nvidia-adds-record-150-billion-to-stock-buy

Nvidia has authorized an additional $150 billion for its share repurchase program, the largest buyback addition on record. The announcement comes as the chipmaker's stock remains near historic highs on surging demand for its artificial intelligence processors. Market watchers see the move as a signal of the company's confidence in sustained cash flow from the AI boom, and it is fueling debate about whether Nvidia's valuation can keep climbing.

Why now: Nvidia's record buyback announcement lands amid intense investor attention on AI-driven tech stocks.

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