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Nvidia raises share buyback authorization by $150B, a record surpassing Apple, amid AI-driven growth.

Company Fundamentals
28 Sep 2026
New York Post
View Source
Bullish
Nvidia raises share buyback authorization by $150B, a record surpassing Apple, amid AI-driven growth.

Nvidia has increased its share buyback authorization by a record $150 billion, exceeding Apple's $110 billion approval in 2024. This move comes as Nvidia's stock trades near its lowest valuation in over a decade, despite a 20% gain this year. The company now has $235 billion in remaining buyback capacity, expected to be used through fiscal 2028, fueled by strong cash flow from AI demand. CEO Jensen Huang highlighted that this cash generation allows Nvidia to invest in advancing technology and return capital to shareholders, while the company also forecasts about 70% revenue growth for fiscal 2028 amid ongoing AI spending surges.

Nvidia's market cap stands at an impressive $5.43 trillion as of September 28, 2026, 22:21 WIB, highlighting its massive scale in the technology sector. The stock price on Pluang is USD 229.91, up 2.15% for the day, with a dividend yield of 0.44%, reflecting modest income return alongside growth potential. Trading volume is robust at nearly 90 million shares, indicating strong investor interest amid the company's expanded buyback program and AI-driven growth prospects.

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