Nvidia announces $150 billion stock buyback as AI growth accelerates

Nvidia has announced a $150 billion stock buyback program as artificial intelligence growth continues to accelerate globally. The new authorization brings the company's total buyback authorization to $235 billion.

The move comes at a time when Nvidia's valuation has moderated from recent peaks. The buyback signals management confidence in the company's long-term prospects amid sustained demand for AI chips and computing infrastructure.