Nvidia Holds Near $228 as $150 Billion Buyback Plan Supports AI Growth Confidence
Key Takeaways
-Nvidia announced a new $150 billion stock buyback authorisation, increasing its total repurchase capacity to $235 billion through 2028.
-The expanded buyback programme highlights Nvidia’s strong cash generation from continued demand for AI chips and data centre infrastructure.
-Share repurchases may support earnings per share by reducing the number of outstanding shares if profitability remains stable.
-NVDAUSD is trading around 228.50, with short-term momentum weakening after failing to hold above the 229.50 resistance area.
NVDAUSD traded between 228.15 and 229.84 during the session, with buyers defending the lower range while sellers remained active near recent highs.
The market is now balancing Nvidia’s long-term AI growth expectations against short-term profit-taking after a strong period of gains.
Why Traders Are Watching Nvidia
Nvidia’s latest move comes after the company increased its stock repurchase authorisation by $150 billion, bringing total available buybacks to $235 billion through 2028.
The expanded programme reflects Nvidia’s strong financial position as demand for artificial intelligence infrastructure continues to drive revenue growth. The company has benefited from increased spending on AI servers, advanced semiconductors and data centre capacity.
However, traders are also assessing whether Nvidia’s AI expansion can maintain its current pace. Valuation concerns, competition in AI chips and broader technology sector conditions remain key factors influencing the stock’s outlook.
Key factors influencing NVDAUSD include:
-AI infrastructure demand: Continued spending from cloud providers and technology companies remains a major driver of Nvidia’s growth expectations.
-Share buybacks: The expanded repurchase programme may provide additional support by returning capital to shareholders.
-Technology sector sentiment: Movements in Nasdaq and semiconductor stocks can influence Nvidia’s short-term direction.
-Interest rate expectations: Higher Treasury yields may pressure technology valuations by reducing demand for growth stocks.
-Competition: Developments in custom AI chips and rival semiconductor products could affect future market share expectations.
Key Trading Levels
NVDAUSD is trading around 228.50, close to the MA 9 indicator, suggesting short-term momentum has weakened after the recent rejection near 229.50.
The 229.00 level remains the first resistance area. A break above this zone could allow buyers to retest 229.50, followed by the session high near 229.84.
On the downside, 228.15 is the immediate support level. A move below this area could increase selling pressure and expose Nvidia towards 228.00 and 227.50.
Nvidia Prediction: Can NVDAUSD Regain Bullish Momentum?
NVDAUSD’s next move will depend on whether buyers can defend current support levels while investors evaluate Nvidia’s AI growth strategy and expanded buyback programme.
A recovery above 229.50 could improve short-term momentum and shift attention towards the 229.84 high and the 230.00 psychological level.
However, failure to hold the 228.00 support zone could increase short-term selling pressure, with traders watching 227.50 as the next potential downside area.
Beyond technical levels, Nvidia’s performance will continue to be influenced by AI infrastructure spending, semiconductor competition, Federal Reserve policy expectations and broader technology market sentiment.
For a deeper analysis of Nvidia’s technical levels, AI growth catalysts and potential scenarios, click the Learn More button below.
Publication date:
2026-09-29 05:01:03 (GMT)
