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News 2026-09-29 20:52 UTC

Nvidia's historic buyback announcement underscores a sharp divide in Big Tech

By Christine JiNvidia is expanding its buyback program to $235 billion while Alphabet and Meta halt repurchases and reallocate money to their AI initiativesNvidia expanded its stock-repurchase authorization by $150 billion, bringing its total buyback program to $235 billion.Nvidia is swimming in ca…