Nvidia expands share buyback program by $150 billion
Nvidia buyback program expands to $235B as AI demand fuels growth See why the record repurchase boost and strong cash flow may lift shares
Nvidia has authorized an additional $150 billion for its share repurchase program, bringing the total authorization to $235 billion. The company said the increase is the largest buyback authorization boost on record and expects to complete the remaining program by fiscal 2028.
The announcement comes as Nvidia continues to benefit from heavy spending on artificial intelligence infrastructure. The company, which makes advanced AI chips and related semiconductors, said its cash generation allows it to invest in growth while returning capital to shareholders.
Nvidia shares have risen 24% over the past 12 months, lifting the company’s market value to $5.42 trillion. The stock was up in premarket trading on Monday after CEO Jensen Huang said the company is well positioned for longterm AI demand.