Nvidia Doubles Down With Record $150 Billion Share Buyback as AI Profits Soar

Nvidia announced a $150 billion share repurchase authorization on Monday, marking the largest single buyback increase in U.S. corporate history and signaling the chipmaker's confidence in sustained AI dominance. The Silicon Valley giant's board approved the expansion, bringing total remaining authorization to $235 billion, which the company expects to complete through fiscal 2028.