From CNBC · Kai Nicol-Schwarz · · 50s
Nvidia boosts share buyback with $150 billion
Nvidia authorizes $235 billion share buyback after AI infrastructure spending surge
In brief
Nvidia authorizes $235 billion share buyback after AI infrastructure spending surge Nvidia's $235 billion share buyback program follows record AI infrastructure investment Originally reported by CNBC.
New buyback authorization
Nvidia has authorized an additional $150 billion to its share buyback program, taking total to $235 billion.
“NVIDIA's growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing”
Largest historical increase
This marks the largest share repurchase authorization increase in history, with completion by fiscal year 2028.
AI infrastructure spending
Combined hyperscaler capital expenditure is projected to exceed $1.3 trillion by 2027 for AI infrastructure.
CEO confidence
Nvidia CEO Jensen Huang said cash generation supports AI technology investment and shareholder returns.
“Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders”
Product portfolio
Nvidia produces AI chips, CPUs, switch chips, optical networking chips, and Nintendo Switch 2 hardware.
The essence
Nvidia's $235 billion share buyback program follows record AI infrastructure investment
