NVIDIA has announced a major expansion of its share repurchase program. On September 28, 2026, the company said its Board of Directors approved an additional $150 billion share repurchase authorization.
With this increase, NVIDIA now has $235 billion remaining under its share repurchase program. The company expects to use the remaining authorization through fiscal year 2028.
The move is significant because NVIDIA says the increase is the largest share repurchase authorization increase in history. It also highlights the company’s strong cash generation and its confidence in the long-term growth of artificial intelligence and accelerated computing.
What NVIDIA’s $150 Billion Buyback Means
A share repurchase, commonly known as a buyback, happens when a company uses its money to purchase its own shares from the market. This can reduce the number of shares available to investors.
NVIDIA’s latest decision gives the company more flexibility to return capital to shareholders while continuing to invest in its business.
NVIDIA CEO and founder Jensen Huang said the company’s growth is being driven by the major shift toward AI and accelerated computing. He also pointed to NVIDIA’s cash generation as a reason the company can both invest in new technology and return capital to shareholders.
The company has not said that the entire authorization will be used immediately. Instead, NVIDIA expects to execute the remaining program through fiscal year 2028.
NVIDIA Share Repurchase Program at a Glance
| Item | Details |
|---|---|
| New authorization | $150 billion |
| Remaining total authorization | $235 billion |
| Expected execution period | Through fiscal year 2028 |
| Company | NVIDIA |
| Main focus | AI and accelerated computing |
| Type of action | Share repurchase |
Why This Announcement Matters
The NVIDIA $150 billion share repurchase authorization comes as the company continues to position itself around the fast-growing AI industry.
NVIDIA has become a major player in AI computing, providing chips and platforms used for advanced computing workloads. The company says its cash generation gives it the ability to support future technology investments while also returning money to shareholders.
However, a buyback authorization should not be viewed as a guarantee of future stock performance. The actual impact can depend on factors such as the price paid for shares, the timing of purchases and broader market conditions.
NVIDIA also highlighted several risks in its announcement. These include global economic and political conditions, competition, technological changes, manufacturing dependencies, product development risks, market demand and changes in laws and regulations.
NVIDIA’s AI Growth Strategy Continues
The share repurchase announcement also reflects NVIDIA’s broader focus on AI and accelerated computing. Alongside returning capital, the company continues to develop technologies for AI, computing and other emerging areas.
The $150 billion increase gives NVIDIA additional room to manage its capital while pursuing these opportunities.
For investors and the wider technology industry, the announcement is another sign of how important AI has become to NVIDIA’s long-term strategy.