Nvidia, the dominant supplier of AI-computing infrastructure, authorized a record $150 billion stock buyback on Monday, bringing its total repurchase capacity to $235 billion through fiscal year 2028, the largest in corporate history.
The move comes as the AI boom faces a harsh reality: Nvidia, the giant that designs the high-performance chips, GPUs, servers and software used to operate AI data centers, is the only company in the ecosystem making real monetary gains.
During the second quarter of fiscal 2027, Nvidia reported $96.2 billion in revenue, up 106% year over year, and returned roughly $26 billion to shareholders through repurchases…
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