Overview
- Nvidia's board approved the additional $150 billion buyback on Monday, bringing the company's total authorized repurchase program to $235 billion and creating the largest U.S. share‑buyback authorization on record.
- The company says the move is possible because rapid demand for its advanced AI chips has driven exceptional cash generation that lets it return capital to shareholders without halting core investments.
- Nvidia expects to complete the remaining repurchases by the end of its fiscal 2028 year, meaning the authorization sets a multi‑year timetable rather than an immediate cash outlay.
- Markets reacted positively to the announcement, lifting Nvidia shares and leaving the company with a reported market capitalization near $5.4–$5.6 trillion, the largest in the world.
- Beyond buybacks, Nvidia plans to use liquidity to invest in AI companies and provide loans to key customers, a strategy that both rewards investors and helps secure demand for its chips.