Nvidia Authorizes Record $235 Billion Share Buyback After $150 Billion Increase

Overview

• Nvidia added $150 billion to its buyback authorization, taking the total to $235 billion and saying it expects to complete repurchases by 2028.
• CEO Jensen Huang framed the move as a response to a platform shift toward AI and said the company’s cash flow lets it both invest in technology and return money to shareholders.
• The repurchase follows a quarter in which Nvidia reported $96.22 billion in revenue and issued guidance pointing to roughly $108 billion next quarter, figures the company cites to support the program.
• Nvidia’s $235 billion authorization surpasses the prior public record of $110 billion and highlights the firm’s central role supplying processors for large AI data centers and its roughly $5 trillion market value.
• The buyback will reduce outstanding shares and return cash to investors, with potential second-order effects including altered capital allocation choices and market sensitivity to the pace at which Nvidia executes repurchases.