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Nvidia Boosts Share Buyback Authorization by $150 Billion

Photo: Bloomberg Technology

What happened

Nvidia Corp., the chip developer at the heart of the artificial intelligence boom, increased the size of its share buyback plan by $150 billion, increasing the total remaining amount authorized to $235 billion.

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on Bloomberg TechnologyBloomberg Technology
  2. MarketWatch started reportingMarketWatch

Sources