1 hr ago
Nvidia Boosts Buyback by $150 Billion as AI Demand Surges
Nvidia makes computer chips that help artificial-intelligence systems work.
The company said it will spend up to $150 billion more buying back its own shares.
This brings the total money still available for buybacks to $235 billion.
Nvidia said it can do this because its AI-related business is generating a lot of cash.
Its board expects the buybacks to continue through fiscal year 2028.
Nvidia also introduced a platform designed to help monitor and secure AI agents.
The company said more than 100 industry partners are working with it on this platform.
Investors reacted positively, and Nvidia shares rose in pre-market trading.
Nvidia’s revenue in its latest fiscal quarter more than doubled to $96.2 billion.
Nvidia’s board authorized an additional $150 billion for stock buybacks, raising remaining capacity to $235 billion.
The company expects to use the remaining authorization through fiscal year 2028.
Nvidia said its cash generation and confidence in long-term AI growth support the expanded buyback.
The company also introduced an Open Agent Safety Platform with monitoring, policy enforcement and security controls outside AI models.
Nvidia’s latest quarterly revenue more than doubled to $96.2 billion, including $89 billion from data centers.
- Who
- Nvidia, led by founder and CEO Jensen Huang.
- What
- Nvidia increased its stock-buyback authorization by $150 billion and announced an AI-agent safety platform.
- Where
- The announcement came from Nvidia, the US chipmaking company.
- When
- The buyback increase and platform announcement were made on Monday; the buyback program is expected to run through fiscal year 2028.
- Why
- Nvidia said strong cash generation from AI-driven growth allows it to invest in technology and return capital to shareholders.
Key facts
- Additional buyback authorization
- $150 billion
- Remaining buyback capacity
- $235 billion
- Expected program horizon
- Through fiscal year 2028
- Latest quarterly revenue
- $96.2 billion, more than double the prior year
- Data-center revenue
- $89 billion, up 117% year over year
- Pre-market share price move
- Shares rose 2% to approximately $229
- AI safety platform partners
- More than 100 industry partners
Quotes
Jensen Huang
Founder and CEO of Nvidia
“NVIDIA’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing. Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders. This authorisation reflects our confidence in the long-term opportunity ahead.”
livemint.com
“Today, with over 100 industry partners, we introduced the NVIDIA Open Agent Safety Platform, bringing together OpenShell and Sentry. This is bigger than a single product. It's the beginning of an open ecosystem to build the trust layer for safe agent systems.”
livemint.com
Sources
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