The AI chip giant raises its total repurchase authorization to $235 billion as strong cash generation gives Nvidia room to invest and return capital to shareholders
Nvidia (NVDA) announced a massive new $150 billion stock buyback authorization on Monday, marking the largest increase to a share repurchase program in corporate history. The move brings the AI chip leader’s total authorized buybacks to approximately $235 billion.
The enormous repurchase plan underscores management’s confidence in Nvidia’s long-term growth prospects as artificial intelligence continues driving demand for accelerated computing infrastructure. CEO Jensen Huang pointed to the company’s powerful cash generation as allowing Nvidia to simultaneously invest aggressively in future technologies while returning substantial capital to shareholders.
“NVIDIA’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing,” Huang said in a statement.
The buyback could also signal that Nvidia’s leadership views the company’s current valuation as attractive relative to its long-term opportunity. Share repurchases reduce the number of shares outstanding and can increase earnings per share, although the ultimate impact depends on the timing and price of the purchases.
Nvidia remains at the center of the global AI infrastructure buildout, supplying GPUs and computing platforms used by major technology companies and data-center operators.
With the expanded authorization, Nvidia is pairing aggressive investment in AI with one of the largest shareholder-return programs ever announced.
