Nvidia's board authorized an additional $150 billion in share repurchases on Monday — which the company says is the largest single authorization increase ever announced by a public company — lifting total remaining buyback capacity to $235 billion, expected to be spent through fiscal 2028. NVDA rose 2.8% to a $5.42 trillion market cap as Jensen Huang called AI 'a once-in-a-generation platform shift.'
Nvidia's board authorized an additional $150 billion in share repurchases on Monday — which the company says is the largest single authorization increase ever announced by a public company — lifting total remaining buyback capacity to $235 billion, expected to be spent through fiscal 2028. NVDA rose 2.8% to a $5.42 trillion market cap as Jensen Huang called AI 'a once-in-a-generation platform shift.'
Nvidia (NASDAQ: NVDA) said Monday that its Board of Directors authorized an additional $150 billion under its existing share repurchase program, increasing the total remaining amount authorized to $235 billion — a figure the company describes as the largest share repurchase authorization increase in history, with completion expected through fiscal 2028.
The key metrics: $150B new authorization on top of the existing program; $235B total remaining capacity; NVDA up 2.8% on the day to a $5.42 trillion market cap (shares +24% over 12 months). CEO Jensen Huang: '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.' On Squawk Box he called it 'the largest infrastructure build-out in human history.'
For comparison, the increase surpasses what had been the record single authorization increase — Apple's $110 billion (May 2024), per TradingKey — and lands against an S&P Global Ratings projection (Aug 2026) that combined hyperscaler capital expenditure will exceed $1.3 trillion by 2027. Huang earlier this month said Nvidia expects to double the number of chips it sells in 2027.
Why it matters: the anchor holding of the institutional AI trade is converting the AI boom into record shareholder returns — a management underwrite that the capex cycle, and Nvidia's cash generation, persist through fiscal 2028.
Securitize (NYSE: SECZ, ~$5B AUM) launched Securitize Stocks today at 13:00 UTC: 12 tokenized US mega-caps — including Apple, Microsoft, Nvidia, Tesla, Circle, Strategy and Palantir — each backed 1:1 by a real share, settling in USDC on Solana with Jump Trading running the proprietary AMM and clearing firm RQD* handling custody and settlement. It is the first product live under the SEC's five-year Innovation Exemption for onchain stock trading, granted September 17.
Anthropic's much-anticipated IPO prospectus — reported in detail by Reuters and the Financial Times — pursues a $2 trillion valuation while disclosing a $42 billion net loss for 2025 and plans to spend $518 billion on cloud, computing, and infrastructure in the coming year. Roughly 80 of the filing's 261 main-body pages cover risk factors, including that advanced AI could pose 'catastrophic or existential risks to humanity,' versus 48 pages describing the business. Nvidia separately disclosed that Anthropic has more than $180 billion in contracted compute commitments — 2.5GW of Nvidia infrastructure shipping through 2028.
SoFi Bank, N.A. is now settling its entire debit and credit card program in SoFiUSD — the first stablecoin issued by a nationally chartered bank — live in production across Mastercard's global payments network. The $25 billion program is the first national-bank stablecoin settlement to go beyond pilot stage, moving blockchain rails from exploration to everyday card infrastructure.