In TrendsStocks To WatchStock MarketNifty OutlookBank Strike DeferredGold and SilverNvidia adds $150 billion to existing share repurchase planNvidia has expanded its share buyback programme, adding $150 billion to its existing authorisation as the chipmaker continues to benefit from strong AI demand.By Reuters September 28, 2026, 4:52:07 PM IST (Published)(Photo Credit : REUTERS)Nvidia is buying back additional shares worth $150 billion under its existing stock repurchase plan, in what the chip giant said was the largest increase in share repurchase authorisation on record.Shares of the Santa Clara, California-based company were up 1.7% in premarket trading.Nvidia has emerged as one of the biggest beneficiaries of the AI boom, with demand for its pricey chips and related technology powering rapid revenue growth.The additional authorisation brings the total remaining amount authorised to $235 billion, which the company expects to execute through fiscal year 2028.Also Read: Chinese stocks hit one-year low as chip, optical firms slide”Nvidia’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing,” CEO Jensen Huang said.Also Read: Nvidia rolls out new tools to keep AI agents in checkTagsArtifical IntelligencebuybackNvidiaHomeTechnology NewsNvidia adds $150 billion to existing share repurchase plan
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