Nvidia boosts share buyback by record $150B as Huang backs AI growth

The expansion leaves Nvidia with $235 billion in remaining authorization as the chipmaker signals confidence in continued AI demand.

Nvidia has increased its share buyback authorization by a record $150 billion, giving the chipmaker $235 billion of remaining capacity to repurchase stock through fiscal 2028.

The move signals confidence from CEO Jensen Huang that demand tied to artificial intelligence and accelerated computing can continue supporting Nvidia’s growth, even as investors question whether the industry’s massive infrastructure spending can be sustained.

“Nvidia’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing,” Huang said in a statement. “This authorization reflects our confidence in the long-term opportunity ahead.”

Nvidia has become the world’s most valuable company as spending on AI models and data centers drives demand for its graphics processing units.

Its shares have continued climbing this year, but Nvidia’s valuation relative to expected earnings has recently fallen as the market weighs how long the AI investment boom can continue.

The stock rose 2.6% to $230.98 in New York trading Monday and is up about 24% so far this year.

Nvidia has also been expanding beyond chips as it builds more of the infrastructure surrounding AI systems. On Monday, the company introduced new open-source security tools designed to limit what autonomous AI agents can access in real time.

The larger buyback gives Nvidia another way to return capital to shareholders while the company continues investing heavily across the AI ecosystem.

Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.