The Zhitong Finance App learned that on Friday, Nvidia (NVDA.US) opened and rallied. The highest intraday increase reached a record high of 2.8%, and the market capitalization exceeded 5.7 trillion US dollars. According to the news, according to The Information, citing people familiar with the matter and a SoftBank statement, Nvidia and SoftBank have each completed the final $10 billion investment in OpenAI's last round of financing, fulfilling their respective investment commitments of 30 billion US dollars. Meanwhile, after the release of the latest US non-farm payrolls data, the market lowered its bets on the Federal Reserve's interest rate hike in October, and jointly promoted a major counterattack by technology stocks in the US stock market.
Furthermore, recently, Nvidia increased its share repurchase authorization by 150 billion US dollars, bringing the total repurchase plan to 235 billion US dollars, and it is expected that the repurchase plan will be implemented by the 2028 fiscal year. A series of benefits will continue to support stock prices.