Nvidia: a record-breaking share buyback and a platform to prevent AI from causing harm
The American company has announced a $150 billion share buyback, the largest ever
The largest share buyback in history. Nvidia has announced it, having increased its share buyback authorisation by $150 billion. This is a huge sum, exceeding the $110 billion buyback announced by Apple in 2024. With this new tranche, the remaining buyback authorisation rises to $235 billion, which the company plans to utilise by the end of the 2028 financial year.
The transaction has been made possible by the cash generated from demand for chips used in the training and inference of artificial intelligence models. “Our ability to generate cash gives us the means to invest in the technologies that are driving this transformation and to return capital to shareholders,” said the chief executive and founder, Jensen Huang.
The news of this record buyback clearly had an impact on the market, albeit not a particularly dramatic one. The share price immediately saw a positive surge.
In pre-market trading, with the share price up 0.8 per cent, it rose as much as 1.8 per cent following the news.
From the start of the year until Friday’s close, the shares had risen by more than 20 per cent. Meanwhile, last month the company had forecast revenue growth of around 70 per cent for the 2028 financial year. This figure is certainly reassuring for investors, who are now wondering how long the surge in spending on artificial intelligence might last after years of explosive growth.

