Real money shows growing confidence! Nvidia (NVDA.US) announces a record-breaking $150 billion stock buyback.

According to Zhitong Finance APP, chip giant Nvidia (NVDA.US), at the center of the artificial intelligence (AI) boom, has increased its stock buyback program by a record $150 billion, reflecting CEO Jensen Huang's confidence in the company's continued growth. Nvidia's $150 billion authorization breaks the previous record for the largest buyback by a U.S. company, set by Apple (AAPL.US) in 2024 with $110 billion. As of press time, Nvidia shares rose more than 3% in early U.S. trading on Monday.