NVIDIA Announces a $150 Billion Share Repurchase Authorization Increase

What happened: NVIDIA's Board authorized a $150 billion increase to its share repurchase program, raising the total remaining authorization to $235 billion. The company said this is the largest such increase in history. Key numbers: $150 billion increase; $235 billion total remaining authorization; expected execution through fiscal year 2028; announced Why it matters: CEO Jensen Huang tied the authorization to cash generation from an AI and accelerated computing platform shift, saying it reflects confidence in the long-term opportunity and capacity to both invest and return capital.

NVIDIA's Board authorized a $150 billion increase to its share repurchase program, raising the total remaining authorization to $235 billion. The company said this is the largest such increase in history.

CEO Jensen Huang tied the authorization to cash generation from an AI and accelerated computing platform shift, saying it reflects confidence in the long-term opportunity and capacity to both invest and return capital.