Latest development in the AI chips industry: NVIDIA launches its largest-ever share buyback, with NVDA closing higher despite the broader market trend.
On September 28, 2026, NVIDIA (NVDA) closed at $228.86 during regular U.S. trading, up $3.79, or 1.68%, from the previous trading day, with its total market capitalization holding near $5.52 trillion. On the same day, the company announced that it was expanding its share buyback authorization by $15 billion, raising the total authorization from $8.5 billion to $23.5 billion and setting a record for the largest single buyback authorization increase in U.S. stock market history. The stock briefly
GateInstantTrends·09-29 03:56
