TLDR AI · MISCELLANEOUS

NVIDIA ADDS $150 BILLION TO MASSIVE STOCK BUYBACK, THE LARGEST EVER

links.tldrnewsletter.com4 min read

Summary from the TLDR AI newsletter

Nvidia will spend another $150 billion buying back its own shares. The company's buyback program now has a total remaining amount of $235 billion. Nvidia expects to execute the total remaining buyback program through its fiscal year 2028, which ends in late January. CEO Jensen Huang said the buyback authorization reflects the company's confidence in the long-term opportunity ahead.