Story perspectives

Nvidia boosts buyback to $235 billion, shares jump 4%

By Drooid · Sep 29, 2026, 10:33 AM UTC · How we work

Summary

Nvidia Expands Buyback

Nvidia announced a $150 billion addition to its share-buyback, raising total approval to $235 billion.
The $235 billion buyback is the largest in U.S. corporate history, surpassing Apple’s $110 billion 2024 program.
Nvidia plans to complete the $235 billion repurchase by the end of January 2028, its fiscal 2028 year.
Nvidia shares rose about 4% on the announcement, giving the firm a market value near $5.6 trillion.

Summary

Trump Xi AI Pact

U.S. President Donald Trump and Chinese President Xi Jinping agreed to a bilateral AI incident communication channel at their summit.
China committed to importing at least 10 million tonnes of U.S. coal in 2027 and 2028.
The United States and China will grant favorable tariff treatment for $30 billion of non-sensitive goods each way.
China’s Foreign Ministry said militaries will soon finalize an MOU on Indo-Pacific crisis communication.

History

Historical Context

In 2002 the United States and China opened a direct military hotline after the EP-3 incident, establishing a crisis-communication link. That year Microsoft began a $10 billion share-repurchase, using buybacks to signal corporate confidence. Today Trump and Xi are creating an AI-incident channel while Nvidia unveils a $235 billion buyback, mirroring the 2002 blend of security coordination and shareholder returns.

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Nvidia Expands Buyback

Nvidia announced a $150 billion addition to its share-buyback, raising total approval to $235 billion.
The $235 billion buyback is the largest in U.S. corporate history, surpassing Apple’s $110 billion 2024 program.
Nvidia plans to complete the $235 billion repurchase by the end of January 2028, its fiscal 2028 year.
Nvidia shares rose about 4% on the announcement, giving the firm a market value near $5.6 trillion.

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