Wistron Group: Will produce Nvidia Vera Rubin chips at its Texas factory
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Nvidia announces an additional $150 billions stock buyback plan, pre-market stock price rises and turns positive
Nvidia's board has approved an additional $150 billion in stock repurchase authorization, marking the largest single increase in history, bringing the remaining buyback allowance to $235 billion, with plans to complete it by fiscal year 2028. CEO Jensen Huang stated that the transformation driven by AI and accelerated computing platforms is fueling the company’s growth, and strong profits and cash flow are supporting this large-scale buyback. Following the announcement, Nvidia’s pre-market stock price rose by as much as 1.7%, outperforming the declining futures market.
Qfin director Yan Andrew Y Yan disposes of QFIN common shares worth US$4,879,108.22
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