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The Independent UK
The Independent UK
World
Paul Farrell

Nvidia unleashes record $150 billion stock buyback as AI cash continues to surge

Nvidia Artificial Intelligence United States

Nvidia has authorized an additional $150 billion for share repurchases, capitalizing on rapid revenue expansion driven by soaring demand for its advanced artificial intelligence processors.

The California-based firm announced the expansion on Monday, describing it as the largest in history and raising its total stock repurchase initiative to $235 billion.

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