Nvidia launches record $150bn share buyback to support investor returns
· Business · Financial Times, Bloomberg
Nvidia announced a $150 billion share buyback programme, the largest ever by the chipmaker, surpassing its previous $100bn programme. The company said the buyback reflects confidence in its financial position and will support long-term shareholder returns. Nvidia's market capitalisation briefly crossed the $3.3 trillion threshold during the announcement. The buyback comes as the company continues to dominate the artificial intelligence chip market with its Blackwell and Hopper processors.
Why it matters
The record buyback signals Nvidia's strong cash generation and confidence ahead of expected earnings, potentially stabilising its stock amid AI sector volatility. It underscores the company's dominant position in the global AI hardware supply chain.
Read the original report — Financial Times
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