Nvidia boosts share buyback by record $150B as AI boom fuels growth

Read the original at New York Post ↗
New York Post · collected 2026-09-28 · by Reuters

Quick Summary

Nvidia has increased its share buyback authorization by a record $150 billion, surpassing Apple’s previous record set in 2024. This move comes as Nvidia's stock valuation nears its lowest point since 2015, despite the company’s market cap exceeding $5.5 trillion and its shares rising more than 2% on announcement day. The buyback plan reflects Nvidia's confidence in sustained demand for AI technology, which is driving significant cash generation for the company.
Written locally by qwen2.5:14b on 2026-09-28, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

On September 28, 2026, Nvidia increased its share buyback authorization by a record $150 billion, surpassing Apple’s previous record of $110 billion set in 2024. This move comes amid growing demand for AI chips and brings Nvidia's total buyback capacity to $235 billion, expected to be used through January 2028. Despite a recent slowdown in stock buybacks, Nvidia's board approved the plan to return excess cash to investors and support stock prices as the company experiences rapid revenue growth driven by artificial intelligence technology. The announcement lifted Nvidia’s shares, which had been trading near their lowest valuation since 2015 at about 16.5 times forward earnings.

Written for “Nvidia Share Buyback Plan” on 2026-10-14, grounded in this article and the 2 other(s) covering the same event.

Story

📰 Nvidia Share Buyback Plan
Economy/Business · 3 article(s) covering the same event. See how they differ ↓

Compared with similar articles

This article reads unscored and hedges 15% of its claims. Each row says how that neighbour differs.
The Independent
⚖️ leaning not scored 🔴 7% hedged 1 of 14 📰 publisher trust 59
“Both articles describe Nvidia's board authorizing a $150 billion increase in share buybacks on the same day, September 28, 2026.”
The Independent
⚖️ leaning not scored 🔴 15% hedged 2 of 13 📰 publisher trust 59
“Both articles describe Nvidia's announcement on September 28, 2026, of a record $150 billion share buyback authorization.”

Cite this article

Reuters. (2026, September 28). Nvidia boosts share buyback by record $150B as AI boom fuels growth. New York Post. https://nypost.com/2026/09/28/business/nvidia-boosts-share-buyback-by-record-150b-as-ai-boom-fuels-growth/

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
13
sentences that state something as happening or true
Uncertain
15%
2 of 13 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
67/100
New York Post's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
3
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-28 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

New York Post · 9925 article(s) · 30 correction(s) detected
Running correction rate · 30 correction(s)

Who wrote this

Reuters
565 article(s) here · 1 carrying a prediction
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Wire or desk byline, not an individual reporter.
Also by Reuters
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Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 565 articles by Reuters →

Topics

Apple LSEG Nvidia Reuters Santa Clara

Subjects

Nvidia ORG · 9× LSEG ORG · 2× Apple ORG · 1× Emarketer ORG · 1× Jacob Bourne PERSON · 1× Jensen Huang PERSON · 1× Reuters ORG · 1× Santa Clara GPE · 1×

Narrative

Nvidia boosted its share buyback authorization by a record $150 billion, surpassing Apple’s $110 billion approval in 2024, as the chip giant’s stock trades near its lowest valuation in more than a decade.
framing: assertive · carried by 1 article(s) · first seen 2026-09-28
🔮 Last month, Nvidia forecast about 70% revenue growth for fiscal 2028, reassuring investors who have questioned how long the AI spending surge can last after years of explosive growth.
2026-09-28 · New York Post
Nvidia boosts share buyback by record $150B as AI boom fuels growth · assertive framing

Claims (13 extracted, 2 hedged)

Nvidia boosts share buyback by record $150B as AI boom fuels growth By asserted
boom → boost → growth
Nvidia boosted its share buyback authorization by a record $150 billion, surpassing Apple’s $110 billion approval in 2024, as the chip giant’s stock trades near its lowest valuation in more than a decade. asserted
stock → boost → decade
Shares of Santa Clara, Calif.-based Nvidia, which has a market cap of more than $5.5 trillion, rose more than 2% in morning trading. asserted
which → calif.-base → trading
The stock has gained more than 20% this year through Friday’s close. asserted
stock → gain → close
The additional authorization lifts Nvidia’s remaining buyback capacity to $235 billion, which it expects to use through fiscal 2028, as surging demand for AI training and inference fuels cash generation. asserted
demand → lift → generation
Nvidia shares were trading at about 16.5 times 12-month forward earnings, their lowest multiple since January 2015 and well below the 15-year average of 30, according to LSEG data, which some analysts see as a sign of slowing profit-growth expectations. uncertain
analysts → trade → expectations
The announcement comes amid a slowdown in stock buybacks, which fell roughly 50% from July through Sept. 23. asserted
which → come → Sept.
“Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders,” CEO Jensen Huang said in a statement. asserted
Huang → give → statement
Nvidia’s $150 billion buyback increase exceeds the market capitalization of about 84% of the S&P 500 constituents, according to data compiled by LSEG. uncertain
increase → exceed → LSEG
“The AI buildout won’t continue at its current pace forever, but Nvidia is signaling confidence that demand for its hardware and services has staying power,” said Jacob Bourne, an analyst at Emarketer. asserted
Bourne → continue → Emarketer
“Its cash generation is currently strong enough that it believes it can continue investing heavily in the business while also returning capital to shareholders,” he added. asserted
he → believe → shareholders
Nvidia ended the July quarter with $22.44 billion in cash and cash equivalents. asserted
Nvidia → end → cash
Last month, Nvidia forecast about 70% revenue growth for fiscal 2028, reassuring investors who have questioned how long the AI spending surge can last after years of explosive growth. asserted
surge → forecast → growth
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