Nvidia Announces Record $150 Billion Buyback as AI CEOs Meet Trump

In the United States in late September 2026, Nvidia announced a record $150 billion share buyback. Nvidia CEO Jensen Huang and Anthropic's CEO met with President Trump and Mike Johnson for a lunch on AI risks, where Trump and the AI CEOs signed a voluntary safety pact and backed data centre expansion. Trump also launched America.gov as part of an AI push for federal services.

Nvidia is turning to insurers to spread the risk of its AI build-out, and its CEO rejected fears of AI "escaping" human control. The meetings and the pact addressed AI risks alongside the company's record buyback.