Nvidia’s $150B Buyback: Signal or Risk? | Q3 Market Analysis & Financial Planning
29 Sept 2026 · 1 min
1:00
In this segment of his Q3 market analysis video, Mike Milligan breaks down Nvidia’s recent board decision to authorize an additional $150 billion for share repurchases, raising the total remaining authorization to $255 billion. He emphasizes that “remaining authorization” is merely permission to buy back shares—not cash already spent nor a personal purchase by CEO Jensen Huang—and that the company’s plan to execute the program through fiscal 2028 is an expectation, not a guarantee. Milligan notes CNBC’s framing of the move as a signal that management views Nvidia’s stock as cheap relative to projected earnings, and he recalls a prior comment that Jensen Huang expects the company to sell roughly twice as many chips in the near future.
