Nvidia Just Put a Record $150 Billion Behind Its Own Stock

This article first appeared on GuruFocus. Nvidia (NVDA, Financials) is putting another $150 billion behind its own stock at a time when its valuation looks unusually low by historical standards. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Is NVDA fairly valued? Test your thesis with our free DCF calculator.NVDA GF Value chart The chipmaker increased its share-repurchase authorization by a record $150 billion, lifting its remaining buyback capacity to $235 billion. Nvidia expects to use that authorization through fiscal 2028. The new authorization even tops Apple's $110 billion buyback approval in 2024. What's more unusual is the timing. Nvidia trades at roughly 16.