The authorization represents the largest share repurchase authorization increase in corporate history, underscoring NVIDIA’s strong financial position and confidence in its long-term growth strategy. The expanded program reflects the company’s commitment to balancing continued investment in innovation while delivering value to shareholders.

NVIDIA continues to benefit from accelerating demand for artificial intelligence, accelerated computing, and next-generation data center technologies. The company’s robust cash generation provides flexibility to support strategic investments across its product portfolio, infrastructure, and research initiatives while maintaining a disciplined approach to capital allocation.

“NVIDIA’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing,” said Jensen Huang, founder and CEO of NVIDIA. “Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders. This authorization reflects our confidence in the long-term opportunity ahead.”

The expanded repurchase authorization reinforces NVIDIA’s belief in the enduring opportunities created by AI and accelerated computing, as organizations worldwide increasingly adopt technologies powered by the company’s platform.

News Summary

• NVIDIA’s Board of Directors has authorized a $150 billion increase to its share repurchase program, bringing the total remaining authorization to $235 billion.

• The increase represents the largest share repurchase authorization expansion in history.

• NVIDIA expects to complete the remaining repurchase program through fiscal year 2028.