Nvidia expands share buyback by $150 billion, boosting total to $235 billion
Nvidia announced an additional $150 billion share repurchase under its existing program, raising the remaining authorized amount to $235 billion.
The chipmaker said it will purchase more shares worth $150 billion, the largest increase ever recorded for a buyback plan. This move lifts the total amount still authorized to $235 billion, which the company aims to use through fiscal year 2028. Shares rose about 1.7% in pre-market trading following the disclosure. CEO Jensen Huang linked the decision to the company’s rapid growth driven by the AI and accelerated-computing surge.
Why it matters
The expanded buyback signals Nvidia's confidence in cash flow and highlights the financial impact of the AI-driven market surge.
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