Nvidia Approves a Record $150 Billion Repurchase Plan, AI Cash Flow Continues to Grow
2026-10-03 01:53:02
CoinMeta Data: Nvidia announces an increase of $150 billion to its share repurchase plan, bringing the total remaining authorization to $235 billion. The company stated that this repurchase is the largest increase in share repurchase authorization in history and is expected to be completed before the fiscal year 2028. Nvidia mentioned that with the continuous growth of AI revenue and cash generation, the company is actively investing in AI infrastructure while also returning billions of dollars to shareholders. Nvidia's Q2 financial report shows that revenue reached $96.2 billion, a year-on-year increase of 106%, with data center revenue growing by 117% to $89 billion. Nvidia has also collaborated with major financial institutions to plan to raise over $500 billion for AI infrastructure.
Bullish 0
Bearish 0
Source:Coinpaper
This content is for market information only and does not constitute investment advice.