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Macro US Stocks

Nvidia Adds $150B Buyback, Largest in US Corporate History

Nvidia announced an additional $150 billion share repurchase, the largest buyback ever by a US company. The stock rose more than 2% in premarket trading. Separately, China’s Commerce Ministry disclosed details of a US-China trade council and a “30 billion versus 30 billion” reciprocal tariff-reduction framework.

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AI take

The buyback is the headline, but the more consequential detail sits in the second item: a reciprocal tariff-reduction framework between Washington and Beijing, disclosed alongside the repurchase. For crypto and RWA markets, the linkage matters because Nvidia sits at the center of the AI-compute trade that has driven demand for tokenized infrastructure narratives. Whether the tariff framework translates into durable easing in cross-border capital flows — the condition that would actually touch RWA issuance and settlement rails — is the open question.

Generated by AI for reference only.

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