Nvidia (NVDA) stock is inching higher on Sept. 28 after the artificial intelligence (AI) chips specialist announced a huge $150 billion increase to its share repurchase program. NVDA now sits decisively above its major moving averages (MAs), indicating bulls remain firmly in control across multiple timeframes.
Note that Nvidia shares are proving a lucrative investment for 2026, currently up about 25% versus the start of this year.