Nvidia increases its share buyback authorization by $150 billion, bringing the total remaining amount authorized to $235 billion, according to multiple reports. The company, a major supplier of chips used in artificial intelligence systems, expands the program as it retains substantial cash from its recent performance.
The outlets describe the move as a record-sized buyback addition and link it to the broader AI-driven demand that has supported Nvidia’s growth. Bloomberg frames the increase in terms of the revised authorization totals. Channel NewsAsia similarly highlights the record scale of the $150 billion increase and the company’s ongoing momentum. The Wall Street Journal attributes the company’s capacity to buy back shares to cash generated during the AI boom.
Across coverage, there is broad agreement that Nvidia’s board expands the buyback authorization by $150 billion and that the remaining authorized amount is $235 billion. The reports emphasize the AI market backdrop, though they vary in emphasis between the authorization mechanics and the underlying drivers of Nvidia’s cash position.
