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Nvidia expands buyback by $150B, stock rises pre-market
Dagens IndustriLO·US·about 10 hours ago
Nvidia's board authorized a record share buyback program, to be completed by fiscal year 2028, following record AI-driven revenue. The move signals strong cash generation and confidence in sustained AI demand, though the exact buyback size is not specified. This is a continuation of Nvidia's capital return strategy, but the scale underscores its dominant position in AI infrastructure.