Story preview
Continue reading on the publisher site for the full article.
Read on publisher →nytimes.com
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
13
in the last 3 days
First reported
3 days ago
12 outlets since
Countries
12 other outlets reported this story in the last 3 days.
NVIDIA today announced that its Board of Directors has authorized an additional $150 billion under the company’s existing share repurchase program, increasing the total remaining amount authorized to $235 billion.
Nvidia said Monday it has authorized an additional $150 billion to its share buyback program, making it what the company called the largest stock buyback in history.
The record buyback is CEO Jensen Huang’s bet that he can fund huge swaths of the AI buildout while still rewarding his own shareholders.