Nvidia Unveils Record-Breaking Share Buyback Plan Amid Aggressive Expansion

Nvidia has authorized a record-breaking $150 billion increase to its share repurchase program, boosting its remaining buyback capacity to $235 billion through fiscal 2028.

The move comes as Nvidia's revenue continues to soar, with the company reporting Q2 earnings of $96.2 billion, up 106% year-over-year, and Data Center revenue reaching $89 billion, a 117% increase from last year.

Nvidia's aggressive buyback program is not only a sign of its confidence in its own growth prospects but also has implications for the wider tech industry and crypto markets. The company's cash generation, combined with plans to mobilize over $500 billion for AI infrastructure, could impact GPU availability and influence fundraising practices for miners and centralized exchanges (CEXs).

Nvidia's share repurchase authorization increase exceeds the market value of roughly 84% of S&P 500 companies, according to Reuters. The company has already spent $39.8 billion on share buybacks in the first half of fiscal 2027, while another $6.3 billion went toward dividends.