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Nvidia expands buyback program to $235 billion amid Big Tech split
Nvidia’s larger buyback stands in contrast to Alphabet and Meta, which are moving away from repurchases to fund AI initiatives.
Nvidia is expanding its share buyback program to $235 billion, signaling a shift in how the company is returning capital to shareholders.\n\nThe new, larger authorization contrasts with Alphabet and Meta, which are halting share repurchases and instead reallocating money toward their artificial intelligence efforts, according to MarketWatch.
MarketWatch frames the diverging approaches as a sharp split across Big Tech, with Nvidia leaning further into buybacks while other major peers prioritize AI spending rather than ongoing repurchases.