Nvidia announces record $150 billion share buyback plan amid AI demand growth

Nvidia, based in the United States, has announced a record $150 billion increase in its share buyback program, raising the total to $235 billion. This decision is driven by the company's strong revenue growth from high demand for its artificial intelligence chips. The buyback plan is expected to be executed through January 30, 2028, and has led to a positive market response, with Nvidia's shares rising significantly this year.