On September 28, NVIDIA announced that its board of directors had approved an additional $150 billion in stock repurchases, raising the total remaining authorized repurchase amount to $235 billion, with the repurchases expected to be completed by the end of fiscal year 2028. NVIDIA founder and CEO Jensen Huang stated that the company's growth is driven by the platform transition to artificial intelligence and accelerated computing, and its strong cash flow enables the company to invest in technology and return capital to shareholders. This authorization reflects confidence in future long-term opportunities.
