US chip company: Nvidia plans largest share buyback in US history
The AI boom has made Nvidia the world's most valuable company. Nvidia CEO Jensen Huang is betting on a future with growth potential with the share buyback.
US chip company Nvidia has increased its share buyback program by $150 billion, making it the largest share buyback in US economic history. The new total is $235 billion, which can be spent on its own shares until January 2028. This exceeds the previous record held by Apple, which announced a $110 billion buyback program in 2024. Nvidia's move is seen as a bet by management that its free cash flow will increase rapidly, driven by revenue growth of around 90 percent per year.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.