Stock Market Today, Sept. 30: Nvidia Authorizes $150B Buyback, Lifting Total to $235B

Yahoo Finance ·

On September 30, Nvidia shares advanced 0.51% to finish at $228.38, accompanied by a trading volume of 117.7 million shares, which remained roughly 5.2% below its typical three-month average. Meanwhile, the S&P 500 dipped 0.23% to 7,654, whereas the Nasdaq Composite edged up 0.24% to 26,861. Among other semiconductor equities, Advanced Micro Devices gained 0.69% to $611.76, while Broadcom slipped 1.10% to $351.19. Nvidia recently announced an additional $150 billion share repurchase authorization, elevating its cumulative buyback program to $235 billion through 2028. This capital return strategy is supported by stellar financial performance, highlighted by a 106% year-over-year revenue surge for its fiscal second quarter ending July 26. Despite this massive growth, the chip maker currently trades at a forward P/E ratio of just 25.

AI 시장 분석

Nvidia announced an additional $150 billion share buyback authorization, bringing its total program size to $2350 billion. This was driven by solid financial health, with fiscal Q2 revenue surging 106% year-over-year. The large-scale shareholder return policy and expectations of sustained future AI demand are providing positive momentum across the technology sector.

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DYAX 전담 분석

Nvidia's approval of the additional $150 billion share buyback acts as a direct factor in improving earnings per share (EPS) and strengthening downside price rigidity. In particular, with its forward P/E remaining around the 25x level, its valuation attractiveness is highlighted compared to its massive earnings growth.

In the upcoming bullish scenario, sustained AI infrastructure investment and shareholder returns will drive investor sentiment across the semiconductor sector overall, whereas in the bearish scenario, liquidity changes and macroeconomic indicators should be monitored while keeping an eye on the trading volume falling 5.2% below the 3-month average.

AI가 생성한 분석으로 투자 자문이 아닙니다.

DYAX Investor Sentiment

Bullish (Long) 58% · Bearish (Short) 42%

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