The Aporia · Nvidia boosts share buyback by record $150B as AI boom fuels growth

Nvidia boosts share buyback by record $150B as AI boom fuels growth

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Reuters. (2026, September 28). Nvidia boosts share buyback by record $150B as AI boom fuels growth. New York Post. https://nypost.com/2026/09/28/business/nvidia-boosts-share-buyback-by-record-150b-as-ai-boom-fuels-growth/

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Nvidia has increased its share buyback authorization by a record $150 billion, surpassing Apple’s previous record set in 2024. This move comes as Nvidia's stock valuation nears its lowest point since 2015, despite the company’s market cap exceeding $5.5 trillion and its shares rising more than 2% on announcement day. The buyback plan reflects Nvidia's confidence in sustained demand for AI technology, which is driving significant cash generation for the company.

Written by AI on 2026-09-28, from this article's own text only (the story summary below draws on all the coverage).

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Story summary

On September 28, 2026, Nvidia increased its share buyback authorization by a record $150 billion, surpassing Apple’s previous record of $110 billion set in 2024. This move comes amid growing demand for AI chips and brings Nvidia's total buyback capacity to $235 billion, expected to be used through January 2028. Despite a recent slowdown in stock buybacks, Nvidia's board approved the plan to return excess cash to investors and support stock prices as the company experiences rapid revenue growth driven by artificial intelligence technology. The announcement lifted Nvidia’s shares, which had been trading near their lowest valuation since 2015 at about 16.5 times forward earnings.

Written for “Nvidia Share Buyback Plan” on 2026-11-02, grounded in this article and the 2 other(s) covering the same event.

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This article reads unscored and hedges 15% of its claims. Each row says how that neighbour differs.

Nvidia's board increases chipmaker's share buyback plan by $150 billion Same event

The Independent

Hedges 1 of 14 claims Outlet record 59/100

Nvidia shares rise after largest-ever $150 billion buyback plan is announced Same event

The Independent

Hedges 2 of 13 claims Outlet record 59/100

Signals How these are calculated →

Claims extracted

sentences that state something as happening or true

Uncertain

15%

2 of 13 hedged ("reportedly", "may", "according to")

Leaning

not political

takes no side on a contested political question

Publisher signals

66/100

New York Post's corrections and hedging, across everything collected from it. Not a measure of accuracy.

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Who wrote this

Reuters

837 article(s) here · 1 carrying a prediction

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Narrative

Claims (13 extracted, 2 hedged)

Nvidia boosts share buyback by record $150B as AI boom fuels growth By asserted

boom → boost → growth

Nvidia boosted its share buyback authorization by a record $150 billion, surpassing Apple’s $110 billion approval in 2024, as the chip giant’s stock trades near its lowest valuation in more than a decade. asserted

stock → boost → decade

Shares of Santa Clara, Calif.-based Nvidia, which has a market cap of more than $5.5 trillion, rose more than 2% in morning trading. asserted

which → calif.-base → trading

The stock has gained more than 20% this year through Friday’s close. asserted

stock → gain → close

The additional authorization lifts Nvidia’s remaining buyback capacity to $235 billion, which it expects to use through fiscal 2028, as surging demand for AI training and inference fuels cash generation. asserted

demand → lift → generation

Nvidia shares were trading at about 16.5 times 12-month forward earnings, their lowest multiple since January 2015 and well below the 15-year average of 30, according to LSEG data, which some analysts see as a sign of slowing profit-growth expectations. uncertain

analysts → trade → expectations

The announcement comes amid a slowdown in stock buybacks, which fell roughly 50% from July through Sept. 23. asserted

which → come → Sept.

“Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders,” CEO Jensen Huang said in a statement. asserted

Huang → give → statement

Nvidia’s $150 billion buyback increase exceeds the market capitalization of about 84% of the S&P 500 constituents, according to data compiled by LSEG. uncertain

increase → exceed → LSEG

“The AI buildout won’t continue at its current pace forever, but Nvidia is signaling confidence that demand for its hardware and services has staying power,” said Jacob Bourne, an analyst at Emarketer. asserted

Bourne → continue → Emarketer

“Its cash generation is currently strong enough that it believes it can continue investing heavily in the business while also returning capital to shareholders,” he added. asserted

he → believe → shareholders

Nvidia ended the July quarter with $22.44 billion in cash and cash equivalents. asserted

Nvidia → end → cash

Last month, Nvidia forecast about 70% revenue growth for fiscal 2028, reassuring investors who have questioned how long the AI spending surge can last after years of explosive growth. asserted

surge → forecast → growth

Nvidia boosts share buyback by record $150B as AI boom fuels growth

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Claims (13 extracted, 2 hedged)