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Business · 52 minutes ago

Nvidia adds $150 billion to share buyback plan

Nvidia adds $150 billion to share buyback plan

Nvidia, the chip giant, has increased its share buyback program by an extra $150 billion, bringing the total to $235 billion. The share repurchase authorization is the largest ever, and the company expects to finish the whole program by fiscal 2028. CEO Jensen Huang said strong cash flow from the AI boom lets them invest in new tech and return money to shareholders.

Reported by CNBC · How we write briefs

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