NVIDIA shares opened October 1, 2026 near $230 after closing at $228.38 the prior session, with intraday prices fluctuating between roughly $228 and $232 amid elevated trading volume. The dominant near-term catalyst is the board’s authorization of a record $150 billion share-repurchase program, the largest in U.S. corporate history, which reinforces management confidence in sustained free-cash-flow generation from AI-driven data-center demand. Recent quarterly results showed revenues exceeding $96 billion with robust Blackwell platform traction and guidance for continued sequential growth, supporting elevated valuation multiples. Traders are also monitoring broader semiconductor sector momentum and any follow-through buying or profit-taking that could determine whether the session settles above key technical levels near recent highs.