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      NVIDIA Announces $150 Billion Share Repurchase Authorization

      NVIDIA Corporation, a leading technology company based in the United States, has announced a significant increase in its share repurchase authorization, now totaling $150 billion. This decision reflects the company's confidence in its financial position and future growth prospects.

      Following the announcement, NVIDIA shares rose by 1.4% in premarket trading. The repurchase program is expected to provide support for the company's stock price and enhance shareholder value by reducing the number of shares outstanding.

      The move comes as NVIDIA continues to expand its influence in the semiconductor industry, particularly in areas such as artificial intelligence and gaming. Investors are closely monitoring the company's strategies and financial health as it navigates a competitive market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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