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Nvidia boosts stock buyback by $150 billion

The company said the update raises its remaining authorized buyback capacity to $235 billion, after a prior $80 billion increase four months earlier.

Reported · Written up by our desk · M&A & Deals

Nvidia is increasing its stock buyback authorization by $150 billion, according to a Business report from The New York Times.

The increase comes about four months after the chipmaker previously added $80 billion to its buyback program.

That brings the total remaining authorized amount to $235 billion, the outlet reported.

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