Nvidia’s board increases chipmaker’s share buyback plan by $150 billion
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Associated Press
Nvidia’s board has cleared the way for the company to spend $150 billion more in share buybacks as the chipmaking giant looks to make use of more of its stellar revenue growth fueled by demand for its high-end artificial intelligence chips.
The Santa Clara, California, company said Monday the share buyback increase, which it touted as the largest ever, brings its stock repurchase program to $235 billion.
Nvidia said it expects to “execute” the share buyback plan through its fisc
Nvidia’s board has cleared the way for the company to spend $150 billion more in share buybacks as the chipmaking giant looks to make use of more of its stellar revenue growth fueled by demand for its high-end artificial intelligence chips.
The Santa Clara, California, company said Monday the share buyback increase, which it touted as the largest ever, brings its stock repurchase program to $235 billion.
Nvidia said it expects to “execute” the share buyback plan through its fisc
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