Nvidia said Monday that its board authorized an additional $150 billion for share repurchases, increasing the total remaining authorization under the program to $235 billion.
The chipmaker said it expects to execute the remaining authorization through fiscal 2028, while continuing to invest heavily in artificial intelligence, accelerated computing and data-center infrastructure.
One of the largest buyback authorizations on record
The size of the authorization underscores Nvidia’s cash-generation capacity as demand for AI computing remains elevated. The company has become one of the world’s most valuable public companies as spending on GPUs, networking equipment and AI infrastructure has expanded across cloud providers and enterprise customers.
Chief executive Jensen Huang said the company’s growth is being driven by what Nvidia describes as a platform shift toward accelerated computing and artificial intelligence. The new authorization gives the company more flexibility to return capital to shareholders while maintaining investment in research, supply and new products.
Shares resist broader market weakness
Nvidia shares outperformed the broader technology sector in early Monday trading even as the Nasdaq and S&P 500 moved lower. Investors were balancing the buyback announcement against higher Treasury yields and renewed pressure from rising oil prices.
AI spending remains the central question
The buyback comes as investors continue to assess how quickly large-scale AI infrastructure spending can translate into recurring revenue and cash flow. Nvidia remains a key supplier to hyperscale cloud companies and AI developers, making its capital allocation decisions closely watched across the technology sector.
Sources: Nvidia Investor Relations and Nvidia Newsroom.
