In mid-September 2026, Nvidia finds itself in the spotlight for several reasons at once: CEO Jensen Huang rejects new AI laws, pointing instead to market pressure as the driving force behind safety in the industry. Meta CEO Mark Zuckerberg backed this position, pushing back against the notion of an impending AI slowdown. At the same time, Nvidia reported major financial moves: $26 billion spent on stock buybacks and dividends in a single quarter, along with a reshuffling of its roughly $99 billion investment portfolio.
- Jensen Huang rejects new AI regulation, pointing to market pressure as the driver of safety
- Meta CEO Mark Zuckerberg backs Huang's view, countering the AI-slowdown thesis
- Anthropic's CEO takes an opposing stance to Huang's safety approach at Dreamforce appearance
- Nvidia spent $26 billion on buybacks and dividends in a single quarter
- Nvidia reshuffled its $99 billion portfolio, with one stock climbing in the rankings
Why does Jensen Huang reject new AI laws?
According to a report, Huang says new AI laws aren't necessary because market pressure is already driving safety in development. On a separate occasion, Huang and Anthropic's CEO laid out their respective visions for safe AI development — an appearance that highlighted the differing approaches the two companies take on safety. At a Dreamforce conference, Huang reportedly diverged sharply from the position of Anthropic chief Amodei, who advocates for stricter safety measures.
How are other tech leaders responding to Huang's stance?
Meta CEO Mark Zuckerberg sided with Huang's view, offering a counterargument to the thesis of an impending AI slowdown. One report framed the statements from both billionaires as a shared position pushing back against the debate over a possible cooling of the AI boom. This alignment between two of the most influential AI company leaders underscores how differently the industry's camps currently view regulatory questions and growth prospects.
How much did Nvidia spend on stock buybacks and dividends last quarter?
According to a report, Nvidia invested $26 billion in stock buybacks and dividends in a single quarter — a signal that the company expects sustained high profits.
What happened with Nvidia's investment portfolio?
According to the report, Nvidia reshuffled its roughly $99 billion portfolio; one particular stock climbed in the internal rankings while other positions were downgraded.
What does this mean for investors?
According to the report, the heavy spending on buybacks and dividends suggests Nvidia's board expects current profit levels to hold for several more years. At the same time, the portfolio reshuffling shows the company is actively adapting its capital allocation to shifting market assessments rather than sticking with existing positions.
There's also plenty happening beyond the AI safety debate: in South Korea, Samsung is reportedly backing a Dutch startup aiming to challenge Nvidia in AI inference — a sign of growing competition in the AI chip market. Politically, Huang is also drawing attention: according to reports, he is expected to attend a dinner between US President Trump and China's leader Xi Jinping, amid tense relations in the US-China chip trade conflict.
