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Nvidia’s Jensen Huang Announces $150B Additional Buyback Program

By Drooid · Sep 30, 2026, 3:12 PM UTC · How we work

Summary

Story summary

Jensen Huang announced an additional $150 billion stock buyback program.
The buyback raises Nvidia’s dividend to $0.25 per share.
Nvidia’s fiscal 2028 P/E ratio of 14.5 is lower than all megacap peers except Micron.
Analysts project fiscal 2028 net income of about $385 billion, a 60% increase and over fivefold three-year growth.
Shares rose roughly 2% after Nvidia unveiled new AI-agent control hardware and software.

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Story summary

Jensen Huang announced an additional $150 billion stock buyback program.
The buyback raises Nvidia’s dividend to $0.25 per share.
Nvidia’s fiscal 2028 P/E ratio of 14.5 is lower than all megacap peers except Micron.
Analysts project fiscal 2028 net income of about $385 billion, a 60% increase and over fivefold three-year growth.
Shares rose roughly 2% after Nvidia unveiled new AI-agent control hardware and software.