Nvidia approves record $150 billion share buyback plan as AI boom powers cash generation

Nvidia has approved a record $150 billion share buyback plan, which brings its total remaining authorization to $235 billion by fiscal 2028. This massive repurchase reflects the company's strong cash generation, driven by the booming demand for artificial intelligence. The AI boom has led to significant cash inflows, enabling Nvidia to invest in its business, including data centres, hardware, networking, and infrastructure partnerships, while also returning value to shareholders through share buybacks. This move is likely to boost investor confidence and support Nvidia's continued growth in t…

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Nvidia has approved a record share buyback plan, which indicates the company's confidence in its cash generation and growth prospects. This move may lead to increased investor confidence and a rise in the company's stock price.

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