Nvidia's record buyback shows chipmaker's stock is too cheap for CEO Huang to resist
Chip designer initiates massive share buyback programme amid depressed forward valuation
Nvidia is preparing to allocate hundreds of billions of dollars toward repurchasing its own equity. The move follows a compression in the chip designer's valuation when measured against projected forward earnings. Chief executive Jensen Huang is capitalising on the comparatively subdued share price to execute the record programme.
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This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 29 Sept 2026, 11:00. Read the full article at the original publisher.
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