Part of The AI Chip Demand Surge · 6 stories · since Sep 28 · newest 5h ago
Nvidia authorizes record $150B stock buyback, lifting total to $235BBroader chip stocks fail to rally despite Nvidia buyback
3 Sep 28 2:01 PM · 15d ago · 21 articles · 11 posts · 8 comments · 6 sources · development 3 of 4
Despite the record buyback announcement, coverage noted the move did not keep the wider semiconductor sector buoyant, suggesting investor concerns beyond Nvidia's own capital-return plans.
Jensen Huang Nvidia CEONvidia Company authorizing the buybackNvidia board of directors Approving authorityApple Prior record holder for buyback size
The whole story articlesvideospostscomments the bright band is this development · numbered dots are the others · click one to jump
What was reported 1 claim about this development
-
3 outlets Nvidia Just Smashed Stock-Buyback Record
first by Daily Caller, 15d ago · also CNBC, The Daily Caller
1 more headline
What people said 10 voices · verbatim
-
Long before GPU use for AI, GPU was primarily used for gaming and CAD. Both AMD and INTC (which at the time was substantially the largest of the trio) tried to challenge NVDA for top GPU and failed. NVDA has been undiputed king of GPU for 30 years. Not only that, but the NVDA solution is an ecosystem with both hardware and software (CUDA). For the…
-
Nvidia adds a record $150bn to its share buyback https:// thenextweb.com/news/nvidia-150 bn-share-buyback-235bn-record?utm_source=flipboard&utm_medium=activitypub Posted into TNW - All Stories @ tnw-all-stories-thenextweb
-
M
"The authorization eclipses the $110 billion stock buyback that Apple unveiled in May 2024 and comes just four months after Nvidia’s board added $80 billion to the buyback program." More here, via WSJ:
-
There’s an incentive to say no. You’ll get validation and upvotes by most on this subreddit. If you disagree and say yes, everyone will hate the post and boost you down. If you’re right you got flack for it and people will not come back and apologize either. I’m not saying I believe it or not, I’m saying there’s no incentive for people to…
-
I think the $150B figure is unused capacity until they actually retire shares. They expect to work through the remaining authorization through fiscal 2028, and that sits next to a plan to double chip shipments. I'd watch quarterly repurchase dollars versus free cash flow. If the ramp keeps absorbing cash, this headline can linger on the books…
-
It's just a matter of time until the tech sector produces another generation of bag holders. People keep dancing until the music stops though. Rising prices and FOMO provide the necessary exit liquidity for those who will later scoop up the shares at pennies on the dollar.
-
What should they do with a ton pile of cash , genius ? Please … you seem like you smarter than Jensen Huang 😂
-
jesus christ that's an insane amount of money. They must see no end to the AI spending lol
-
They do, there's a 1% excise tax on stock buybacks since 2023. Agree it's not enough.
-
Orrr, listen to me, they think this is the low and are expecting it to go higher.
All 4 developments of Nvidia authorizes record $150B stock buyback, lifting total… →
NewswiresMastodonRedditXHacker NewsGoogle NewsBlueskyYouTube