NVIDIA's shares traded near $228-$230 in the final sessions of the week of September 28, 2026, after the company announced a record $150 billion expansion of its share repurchase authorization on September 28, lifting total capacity to $235 billion through fiscal 2028. This move, funded by robust data-center cash flows from AI infrastructure demand, followed strong Q2 fiscal 2027 results with $96.22 billion in revenue and provided direct support for the stock amid questions about sustained hyperscale spending and intensifying competition. Market-implied odds cluster tightly around the $225-$235 bands, reflecting trader focus on whether the buyback and positive guidance can counter valuation pressures and broader tech rotation, with upcoming catalysts including potential China regulatory developments and the Vera Rubin platform ramp.