NVIDIA Adds $150 Billion to Share Buyback Authorization Amid AI Growth

NVIDIA announced on September 28, 2026, that its board approved an additional $150 billion for the company’s existing share repurchase program. The increase brings the remaining authorized amount to $235 billion, according to NVIDIA’s announcement.

The company expects to carry out the remaining program through fiscal year 2028. That is an expected timeline for future repurchases, not a statement that NVIDIA has already bought back $235 billion in shares.

NVIDIA connected the decision to demand for AI and accelerated computing. Founder and CEO Jensen Huang said the company’s cash generation gives it room to invest in technologies behind that growth while also returning capital to shareholders. He described the larger authorization as a sign of confidence in NVIDIA’s long-term opportunity.

For readers following the AI industry, the announcement is a capital-allocation decision rather than a new product launch: NVIDIA is increasing the amount it may spend buying back shares while saying it intends to keep investing in the technologies driving its business.