Nvidia stock buyback initiatives have reached a historic milestone as the company announced the approval of an additional $150 billion in share repurchases. This figure marks the largest buyback authorization in U.S. corporate history, surpassing the previous record of $110 billion set by Apple in 2024. Despite ongoing market debates regarding the long-term sustainability of AI investments, Nvidia’s decision highlights immense confidence in its cash-generating capabilities and long-term growth trajectory.
Nvidia’s Financial Confidence vs. Market Trends
Nvidia revealed that combined with existing buyback authorizations, it now has the capacity to repurchase up to $235 billion worth of shares through fiscal year 2028. While the company has not yet confirmed whether these repurchased shares will be retired, the market reacted positively. On the day of the announcement, Nvidia shares rose by 1.68%, outperforming the Philadelphia Semiconductor Index, which fell by 1.61%.
CEO Jensen Huang emphasized that the company’s strong cash flow allows it to simultaneously invest in the technological infrastructure required for the AI transition while returning significant capital to shareholders. Financial experts note that unlike many mature companies that authorize buybacks due to slowing growth, Nvidia remains in a phase of rapid expansion, with free cash flow projected to climb to $329 billion by fiscal year 2028.
South Korean Market Outlook: Samsung and SK Hynix
In South Korea, major tech firms are nearing the conclusion of their own massive share repurchase programs. According to the Korea Exchange, Samsung Electronics has completed 89.70% of its planned buybacks, while SK Hynix has finished 68.76% as of late September 2026. These buybacks have played a critical role in stabilizing the KOSPI index, with corporate entities acting as a key buying force during a period of heavy net selling by foreign and individual investors.
While the impact varies—SK Hynix intends to retire its repurchased shares to boost earnings per share (EPS), whereas Samsung’s current $11 billion (approx. 15 trillion KRW) program is largely intended for employee stock compensation—analysts suggest that long-term share price performance will ultimately depend on core earnings power and return on equity (ROE) rather than buyback programs alone.
