Nvidia Authorizes Record $150 Billion Buyback as AI Agent Safety Fears Hit Chip Stocks
Nvidia announced on Monday that its board of directors approved a $150 billion increase to the company’s share repurchase program, bringing the total remaining authorization to $235 billion. The move marks the largest single stock buyback authorization in U.S. corporate history, surpassing Apple’s $110 billion program announced in May 2024. The announcement sent Nvidia shares … Read more