Nvidia expands stock buyback program by $150 billion

Nvidia has raised its stock buyback authorization by $150 billion, increasing remaining repurchase capacity to $235 billion.

• Nvidia announced a $150 billion increase to its share buyback program, raising remaining authorized repurchases to $235 billion.
• The company plans to complete the expanded buyback program by fiscal year 2028.
• CEO Jensen Huang said the authorization reflects confidence in long-term opportunities amid a once-in-a-generation shift toward AI and accelerated computing.
• Nvidia shares rose 1.7 percent at Monday's close and reached $229.42 in after-hours trading.