NVIDIA's Board of Directors approved a $150 billion increase to the company's share repurchase program on May 20, 2026.
The move lifts the total remaining authorization to $235 billion, which the company described as the largest such increase in corporate history.
Management intends to execute the full remaining buyback through fiscal year 2028.
AI-Driven Cash Flow Funds Capital Return
NVIDIA said strong cash flow from the artificial intelligence boom made the capital return plan possible while it continues to fund technology investments.
Founder and CEO Jensen Huang said the company's growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing.
Huang added that NVIDIA's cash generation gives it the capacity to invest in technologies advancing that transformation and to return capital to shareholders.
He said the authorization reflects confidence in the long-term opportunity ahead.
The chipmaker reiterated its commitment to leading the accelerated computing market and delivering long-term value to investors.
NVIDIA noted the program remains subject to market conditions, global economic developments, and regulatory compliance in SEC filings.
