Nvidia Ramps Up Buybacks With Historic $150 Billion Authorization

Nvidia authorized a historic $150 billion increase to its share repurchase program, bringing the total to $235 billion by January 2028, the company said. The move is described as its largest corporate buyback expansion in history and comes as the chipmaker continues to generate substantial cash from record revenue and high margins. Shares rose about 2% on the news. Nvidia plans to buy back stock four times faster than last year and expects to use the full authorization by the end of fiscal 2028, which closes in January 2028. Alongside the buyback, Nvidia introduced an Open Agent Safety Platform running on its hardware, positioning it as another driver for demand. The article also notes that Nvidia spent $40.4 billion on buybacks in fiscal 2026 and reported $96.2 billion in revenue in its latest quarter with 75% gross margin.