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BusinessQuiet 14d · day 16

Nvidia authorizes record $150B stock buyback, lifting total to $235B

Nvidia's board boosted its repurchase authorization by $150 billion, the largest single buyback increase in corporate history, as the chip giant's stock trades near a decade-low valuation.

newest coverage 13d agosummary written 14d ago190 pieces376 likes & upvotes42 comments NewswiresMastodonRedditXHacker NewsGoogle NewsBlueskyYouTube

Part of a larger narrative

The AI Chip Demand Surge

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All 6 stories in this narrative →

What to know

  • Nvidia's board raised its buyback authorization by $150 billion, bringing the total to $235 billion, the largest such increase ever, surpassing Apple's $110 billion 2024 authorization.
  • The company plans to execute the buyback through fiscal 2028, alongside management's projection of roughly 70% revenue growth for that fiscal year.
  • Stock reaction was mixed: NVDA rose on the news, but broader chip stocks did not uniformly benefit, and Nvidia's own valuation multiple remains near decade lows.
  • Online commenters are split on whether the buyback reflects genuine confidence in Nvidia's growth or simply reflects a lack of better uses for its cash, with some warning of an AI bubble parallel to the dot-com crash.

The dispute Whether the buyback signals genuine confidence in Nvidia's growth story or is simply a sign of excess cash with no better productive use, potentially timed poorly at all-time-high prices. · positions read across 42 posts and comments

many voices

The buyback shows genuine confidence in Nvidia's growth trajectory and it has little else productive to do with its cash.

  • “That’s a massive buyback boost Nvidia clearly seems confident in its long-term growth story despite the stock’s strong run.”

    Old-Appointment1341 · Reddit ↗
many voices

Buybacks at all-time-high prices are poor capital allocation, mainly benefit executive pay metrics, and a dividend would be more sensible.

  • “It’s stock manipulation. If a company’s execs compensation are partially based on metrics such as stock price and eps (not uncommon), just do a stock buyback.”

    UnderaZiaSun · Reddit ↗
some voices

This is a late-cycle bubble signal reminiscent of dot-com era excess that will end with a crash.

  • “The AI tech bubble busting will do the same thing. Half the names that are now on everyone's min…”

    BorealMushrooms · Reddit ↗

Jensen HuangJensen Huang Nvidia CEONvidia Company authorizing the buybackNvidia board of directors Approving authorityApple Prior record holder for buyback size

Nvidia authorizes record $150B stock buyback, lifting total to $235B
x.com

How it unfolded 4 developments, newest first · click a bar or a number to jump articlesvideospostscomments

Peak 119 pieces in 4h at Sep 28, 6 AM; 190 pieces over 16 days (127 articles · 2 videos · 28 posts · 33 comments) Sep 28, 6 AM — 119 pieces · 91 articles · 14 posts · 14 comments — Newswires 73, Reddit 18, Google News 16, +4 moreSep 28, 10 AM — 37 pieces · 20 articles · 9 posts · 8 comments — Newswires 14, Reddit 8, Mastodon 6, +4 moreSep 28, 2 PM — 12 pieces · 4 articles · 1 video · 3 posts · 4 comments — Reddit 4, Google News 3, Mastodon 2, +3 moreSep 28, 6 PM — 6 pieces · 1 article · 1 post · 4 comments — Reddit 4, Mastodon 1, Newswires 1Sep 28, 10 PM — 5 pieces · 3 articles · 2 comments — Google News 3, Reddit 2Sep 29, 2 AM — 4 pieces · 3 articles · 1 video — Google News 2, Newswires 1, YouTube 1Sep 29, 6 AM — 4 pieces · 4 articles — Newswires 2, Google News 2Sep 29, 10 AM — quietSep 29, 2 PM — 2 pieces · 1 article · 1 post — Newswires 1, Hacker News 1Sep 29, 6 PM — quietSep 29, 10 PM — quietSep 30, 2 AM — quietSep 30, 6 AM — quietSep 30, 10 AM — 1 piece · 1 comment — Reddit 1Sep 30, 2 PM — quietSep 30, 6 PM — quietSep 30, 10 PM — quietOct 1, 2 AM — quietOct 1, 6 AM — quietOct 1, 10 AM — quietOct 1, 2 PM — quietOct 1, 6 PM — quietOct 1, 10 PM — quietOct 2, 2 AM — quietOct 2, 6 AM — quietOct 2, 10 AM — quietOct 2, 2 PM — quietOct 2, 6 PM — quietOct 2, 10 PM — quietOct 3, 2 AM — quietOct 3, 6 AM — quietOct 3, 10 AM — quietOct 3, 2 PM — quietOct 3, 6 PM — quietOct 3, 10 PM — quietOct 4, 2 AM — quietOct 4, 6 AM — quietOct 4, 10 AM — quietOct 4, 2 PM — quietOct 4, 6 PM — quietOct 4, 10 PM — quietOct 5, 2 AM — quietOct 5, 6 AM — quietOct 5, 10 AM — quietOct 5, 2 PM — quietOct 5, 6 PM — quietOct 5, 10 PM — quietOct 6, 2 AM — quietOct 6, 6 AM — quietOct 6, 10 AM — quietOct 6, 2 PM — quietOct 6, 6 PM — quietOct 6, 10 PM — quietOct 7, 2 AM — quietOct 7, 6 AM — quietOct 7, 10 AM — quietOct 7, 2 PM — quietOct 7, 6 PM — quietOct 7, 10 PM — quietOct 8, 2 AM — quietOct 8, 6 AM — quietOct 8, 10 AM — quietOct 8, 2 PM — quietOct 8, 6 PM — quietOct 8, 10 PM — quietOct 9, 2 AM — quietOct 9, 6 AM — quietOct 9, 10 AM — quietOct 9, 2 PM — quietOct 9, 6 PM — quietOct 9, 10 PM — quietOct 10, 2 AM — quietOct 10, 6 AM — quietOct 10, 10 AM — quietOct 10, 2 PM — quietOct 10, 6 PM — quietOct 10, 10 PM — quietOct 11, 2 AM — quietOct 11, 6 AM — quietOct 11, 10 AM — quietOct 11, 2 PM — quietOct 11, 6 PM — quietOct 11, 10 PM — quietOct 12, 2 AM — quietOct 12, 6 AM — quietOct 12, 10 AM — quietOct 12, 2 PM — quietOct 12, 6 PM — quietOct 12, 10 PM — quietYesterday, 2 AM — quietYesterday, 6 AM — quietYesterday, 10 AM — quietYesterday, 2 PM — quietYesterday, 6 PM — quietYesterday, 10 PM — quietToday, 2 AM — quiet 1–4
Sep 30Oct 2Oct 4Oct 6Oct 8Oct 10now · 3:29 AM ET
  1. 4

    Analysts frame buyback as Huang's bet on AI buildout

    Commentary characterized the record repurchase as CEO Jensen Huang wagering he can simultaneously fund massive AI infrastructure spending and continue rewarding shareholders.

    “The record buyback is CEO Jensen Huang’s bet that he can fund huge swaths of the AI buildout while still rewarding his own shareholders.”
    — Semafor

    • AOL, from around $10 to almost $200 in the build up, was bought out by Time Warner, then suffered a 90% loss. Amazon lost 96% of their value from before the peak to after the bubble burst. Apple was down to $3 per share. Sisco, SUN, Intel, Ebay, lots of big names got absolutely decimated. Tons of companies just went under. Lots of indices saw an…

      BorealMushroomsr/StockMarket15d agoview on r/StockMarket ↗
    2 more of the top 3 · 9 posts in this stretch

    • They should be made illegal again. It’s stock manipulation. If a company’s execs compensation are partially based on metrics such as stock price and eps (not uncommon), just do a stock buyback. Boom, stock price goes up as do earnings per share even nothing has really changed in the underlying business and execs get a fat payout.

      UnderaZiaSunr/StockMarket15d agoview on r/StockMarket ↗

    • Intel has primarily been a CPU company. AMD was the only competitor and it was quite competitive between the two until the mid to late 2000s when Intel's illegal practices forced AMD to almost bankruptcy. Nvidia hasn't had a real competitor since like 2010 since AMD was just a ghost company until Zen came along.

      Plus-Guidance-1990r/stocks15d agoview on r/stocks ↗
    all of them →
  2. 3

    Broader chip stocks fail to rally despite Nvidia buyback

    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.

    1. 3 outlets Nvidia Just Smashed Stock-Buyback Record

      first by Daily Caller, 15d ago · also CNBC, The Daily Caller

      1 more headline

    • 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…

      greenpride32r/stocks15d agoview on r/stocks ↗
    2 more of the top 3 · 10 posts in this stretch

    • 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

      thenextweb@flipboard.comMastodon15d agoview on Mastodon ↗
    • morningbrew.extwitter.link

      "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:

      morningbrew.extwitter.linkBluesky15d agoview on Bluesky ↗
    all of them →
  3. 2

    Nvidia shares pop on buyback news

    NVDA stock rose following the announcement, coming as the company's share-price gains had slowed this year and the stock traded near its lowest valuation in more than a decade.

    “world's first and only growth value stock…”
    — Jensen Huang, Nvidia CEO, quoted in a Reddit comment · source
    1. 10 outlets Nvidia Boosts Share Buyback Program by $150 Billion

      first by Bloomberg Tech, 15d ago · also Forbes, Bloomberg Markets, AP News, Orlando Sentinel, Mercury News, Baltimore Sun +3

      3 more headlines
    2. 3 outlets Nvidia Stock Rises As AI Chipmaker Plans Huge Share Buyback

      first by Investor's Business Daily, 15d ago · also Barron's Online, Wall Street Journal

      2 more headlines
    1 more claim →

    • Nvidia just launched the largest stock buyback in history.

      @brewmarketsX15d ago173▲view on X ↗
    2 more of the top 3 · 23 posts in this stretch

    • They likely genuinely believe their stock is undervalued. Jensen said Nvidia is "world's first and only growth value stock". So they're putting money where their mouth is. They grew about 100% YoY this year, and they project to grow ~70% next year at the low end, gated by supply. Forward PE is ~15-17. Companies growing much slower have higher PE…

      Wonderful-Sail-1126r/stocks15d agoview on r/stocks ↗
    • newsguy.bsky.social@bsky.brid.gy

      Nvidia has authorized an additional $150 billion to its share buyback program, which the chip giant says will be the largest such repurchase authorization increase in history. www.cnbc.com/2026/09/28/nvidi... Nvidia share buyback plan gets...

      newsguy.bsky.social@bsky.brid.gyMastodon15d agoview on Mastodon ↗
    all of them →
  4. 1

    Nvidia board approves $150B buyback increase

    Nvidia's board authorized a $150 billion increase to its existing share repurchase program, lifting the total remaining authorization from $85 billion to $235 billion, which the company intends to use through fiscal 2028.

    “confidence in the long-term opportunity ahead…”
    — Nvidia
    1. 23 outlets Nvidia buyback: AI chip giant adds $150 billion, takes total remaining authorisation to $235 billion

      first by ET Now, 15d ago · also The Asia Business Daily, The Independent, Forbes, DigiTimes, Hindustan Times, Finbold +16

      20 more headlines
    2. 10 outlets Nvidia boosts share buyback program by record $150B

      first by SiliconANGLE, 15d ago · also NZ Herald, Daily Sabah, Ukrainian National News, BNN Bloomberg, Seeking Alpha, FT +3

      8 more headlines
    7 more claims →

Also covered reported alongside — the timeline has no entry for these yet

  1. 3 outlets What Nvidia's $150 billion stock buyback means for shareholders and potential investors

    first by Yahoo Finance, 15d ago · also Semafor, TechRepublic

    4 more headlines

and 8 smaller pieces

What people are saying 15 voices from 3 sites · best of 42 · verbatim

Still unanswered
  • How many of these buyback authorizations actually get carried out in their entirety before shares fall or plans change?
  • Will quarterly repurchase dollars keep pace with free cash flow as AI infrastructure spending ramps up?