NVIDIA Rises 3.5% Intraday at One Point, Its Largest Single-Day Gain Since Sept. 2
On the news front, Nvidia announced on September 28 that its board approved an additional $150 billion in buyback authorization on top of its existing repurchase program, bringing the total remaining authorization to $235 billion, with the company expecting to complete it by the end of fiscal 2028.
The size of this increase surpasses Apple's $110 billion record set in 2024, making it the largest single increase in buyback authorization in U.S. corporate history.
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