QUICK SPARK: Nvidia Board OKs Massive $150B Buyback Plan, Shares Spike to All-Time Highs

Nvidia Corp. (NASDAQ: NVDA) has approved a $150 billion share repurchase plan, increasing its total buyback capacity to approximately $235 billion through fiscal 2028. Following this announcement, Nvidia shares rose about 2% to $235.5, reaching an all-time high of $237.55 and pushing its market value to roughly $5.7 trillion. Analysts predict the buyback could reduce the share count by 4.2% and enhance earnings per share by around 1.6% by 2028. Year-to-date, Nvidia's stock has increased by 25%.