{
  "id": 10558025,
  "title": "Nvidia boosts share buyback program by record $150B",
  "url": "https://urgent.news/2026/09/28/nvidia-boosts-share-buyback-program-by-record-150b",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-28T22:59:28.000Z",
  "source": {
    "name": "SiliconANGLE",
    "slug": "siliconangle",
    "url": "https://siliconangle.com/2026/09/28/nvidia-boosts-share-buyback-program-by-record-150b/"
  },
  "original_language": "en",
  "account": "Nvidia Corp. announced plans to expand its share buyback program by a record $150 billion through January 2028, representing the largest-ever increase in a stock repurchase program. The company also plans to boost its dividend from 25 cents per share. Nvidia's decision to expand its buyback program and raise its dividend is motivated by two main factors: rapid revenue growth and strong performance of its startup investment portfolio. CEO Jensen Huang stated that the company's cash generation capacity allows it to invest in advancing technology and return capital to shareholders. The company's fiscal second quarter ended with $22.44 billion in cash and cash equivalents, and its adjusted profit and revenue more than doubled thanks to demand for its graphics cards. Nvidia expects sales to increase by an additional 70% in fiscal 2028, surpassing Wall Street's expectations of 40%. The company's revenue growth is partly driven by its expanding product lineup, which now includes not only graphics processing units but also central processing units, networking gear, and other products. Nvidia generates $40 billion in revenue for every gigawatt of data center capacity built by customers, a fourfold increase from 2022. The company expects its revenue per gigawatt to top $60 billion following the launch of its next-generation Feynman series of GPUs, scheduled to debut in 2028. Nvidia's success in its investment portfolio, comprising stakes in 13 public companies and 229 private startups, has provided a more than threefold return on investment. Recent investments in Anthropic and OpenAI are expected to deliver significant returns for the chipmaker.",
  "summary": "Nvidia Corp. today announced plans to spend an additional $150 billion on share buybacks through January 2028. The move represents the largest-ever expansion of a stock repurchase program. Furthermore, Nvidia plans to boost its current dividend of 25 cent per share. The company didn’t specify the size or timing of the planned increase. Nvidia says that […] The post Nvidia boosts share buyback…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Nvidia increases its share buyback program by $150B to $235B, aiming to complete the process through fiscal 2028; NVDA is up 20% in 2026 (Amy Thomson/Bloomberg)",
        "url": "https://urgent.news/2026/09/28/nvidia-increases-its-share-buyback-program-by-150b-to-235b-aiming-to",
        "published": "2026-09-28T11:40:00.000Z"
      },
      {
        "outlet": "CNBC Technology",
        "title": "Nvidia share buyback plan gets $150 billion boost",
        "url": "https://urgent.news/2026/09/28/nvidia-share-buyback-plan-gets-150-billion-boost",
        "published": "2026-09-28T11:53:08.000Z"
      },
      {
        "outlet": "Financial Post",
        "title": "Nvidia boosts share buyback by a record $150 billion",
        "url": "https://urgent.news/2026/09/28/nvidia-boosts-share-buyback-by-a-record-150-billion",
        "published": "2026-09-28T16:02:23.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Nvidia’s board increases chipmaker’s share buyback plan by $150 billion",
        "url": "https://urgent.news/2026/09/28/nvidias-board-increases-chipmakers-share-buyback-plan-by-150-billion",
        "published": "2026-09-28T16:12:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}