Nvidia Approves Record $150B Share Buyback

Nvidia has approved a record $150 billion increase to its share buyback programme, lifting its remaining repurchase capacity to $235 billion through fiscal 2028. The Nvidia buyback is the largest authorisation of its kind by a public company and signals management confidence in sustained AI and accelerated-computing demand. Nvidia spent $39.8 billion repurchasing shares and paid $6.3 billion in dividends during the first half of fiscal 2027. Second-quarter revenue rose 106% year on year to $96.2 billion, while Data Centre revenue increased 117% to $89 billion. Its shares initially gained more than 2%, although broader market pressure later reduced the advance. The company is also working with financial institutions to mobilise more than $500 billion for AI infrastructure projects. However, lenders remain cautious about accepting GPUs as long-term collateral. Competition from AMD, Intel and custom chips developed by major cloud providers could still pressure Nvidia’s margins and pricing power. For traders, the Nvidia buyback may support NVDA through a lower share count and reflects strong free cash flow. Its impact on cryptocurrency prices is indirect. Crypto markets are more likely to respond through AI-sector sentiment, technology valuations, interest rates and overall risk appetite.