Jensen Huang says Nvidia stock is undervalued, plans hundreds of billions in buybacks
firstadopter · x · 2026-09-29
Speaking at The Korea Society's annual gala in New York, where he received the Van Fleet Award, Nvidia CEO Jensen Huang told reporters the company is at the center of "the largest industrial infrastructure build out in human history." Key points:
- Buybacks: Huang said Nvidia will generate ever more cash and that "the very, very smart use of that cash is to buy NVIDIA stock... we're going to buy hundreds of billions of dollars of NVIDIA stock in the coming years."
- Personal AI agents: He discussed the potential of personal AI agents, referencing Meta Muse, Instinct, and OpenAI (full details behind Substack paywall).
- Other topics included AI safety.
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