Nvidia adds a record $150bn to its share buyback

Nvidia’s Jensen Huang and Salesforce’s Marc Benioff shake hands on stage at Dreamforce 2026

Nvidia’s board has approved an extra $150bn for share buybacks, the company said on Monday. That lifts the total remaining authorisation to $235bn, which Nvidia expects to use through fiscal year 2028.

Nvidia called it the largest increase to a share repurchase authorisation in history.

“This authorization reflects our confidence in the long-term opportunity ahead,” said Jensen Huang, Nvidia’s founder and chief executive.

Huang said Nvidia’s cash generation lets it both invest in AI and return capital to shareholders.

“A lot of cash”

Huang expanded on the plan in an interview with CNBC’s Squawk Box on Monday.

“I think we’re going through the largest infrastructure build-out in human history, and we have the benefit of being a very central part of that,” he said.

Nvidia will generate a lot of cash in the coming years and wants to return more of it to shareholders each year, Huang told CNBC. Nvidia’s shares were up 2.8% on Monday, CNBC reported.

The previous record for a buyback authorisation was Apple’s $110bn in 2024, Business Insider reported. Last week, Nvidia also raised its quarterly dividend from one cent a share to 25 cents, according to the report.

A busy Monday

The buyback came on the same day Nvidia launched its agent safety platform, a set of tools to keep AI agents inside the limits set by their operators.

Nvidia reported second-quarter revenue of $96.2bn in August. Earlier this month, Huang said Nvidia expects to sell twice as many chips next year. In May, it authorised another $80bn of buybacks.

Get the TNW newsletter

Get the most important tech news in your inbox each week.