Nvidia announced it will add $150 billion to its existing share repurchase program, a move the company described as the largest authorization increase in its history. After the expansion, the remaining approved buyback capacity stands at $235 billion, which Nvidia said it plans to use through the end of its fiscal year 2028.
Following the announcement, the California-based chipmaker's stock rose about 1.7% in premarket trading. Nvidia has been one of the major beneficiaries of the artificial intelligence (AI) boom: strong demand for its high-performance semiconductors and related technologies has driven rapid revenue growth. Jensen Huang, Chief Executive Officer, emphasized that the company’s growth is being driven by a once-in-a-generation platform shift toward AI and accelerated computing.
The report on the announcement was carried by Reuters. Market participants and analysts will be watching how the expanded buyback authorization affects Nvidia’s share price and capital-allocation strategy over the coming years.
Related event
The source article also referenced the Portfolio Investment Day 2026 event scheduled for October 21, where topics such as the AI rally, outlooks for equity and bond markets, and portfolio construction will be discussed.
This article does not constitute investment advice or a recommendation.
