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World · Truthout · · 1h

Tech Giant Nvidia Announces the Largest Stock Buyback in US History

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The tech behemoth and chipmaker Nvidia on Monday announced the largest-ever stock buyback increase in US corporate history as its profits continue to explode due to massive spending on artificial intelligence data centers, which have drawn increasingly intense grassroots opposition nationwide. Nvidia said its board “has authorized an additional $150 billion under the company’s existing share…

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Source: Truthout