Nvidia added $150 billion to its stock buyback program. The total authorized amount is now $235 billion. It had added $80 billion to the program four months earlier. Jensen Huang cited a platform shift to AI and accelerated computing as the growth driver. He said the cash generation allows investment in technology and shareholder returns. The move reflects confidence in long-term opportunity. The buyback is part of a broader AI-driven market boom. Buybacks can lift stock prices by reducing share supply. Critics argue they divert funds from hiring, construction or R&D.
What changed
The buyback program had $85 billion remaining authorized before the new additions.
- $150 billion added to buyback
- $235 billion total authorized
- $80 billion added four months ago
Sources