Nvidia cleared $150 billion to buy back shares. Apple's biggest was $110 billion.
NVIDIA's board approved the increase on Monday, calling it the largest share-repurchase authorisation increase in history.
Reuters and Bloomberg reported that Apple had set the previous record in 2024.
Nvidia now has approval for $235 billion in buybacks, which it expects to use by early 2028. The board previously added $60 billion in August 2025.
Last quarter, Nvidia returned a record $26 billion through buybacks and dividends. Chief executive Jensen Huang said its cash generation allows Nvidia to keep investing while returning money to shareholders.
The shares rose about 2% after the announcement.
When you next negotiate for AI chips, which side can afford to wait longer?
Sources
Our file on Nvidia
- 3 Oct
Nvidia launched its desktop AI computer at $4,000. Nvidia now charges $6,950.
- 1 Oct
Trump ordered federal agencies to rename AI. The new word is Super Intelligence.
- 30 Sept
Samsung and affiliates committed $1 billion to AI infrastructure.
- 29 Sept
NVIDIA launched a safety net for AI agents. Microsoft and JPMorgan already use it.
- 28 Sept
Nvidia's China sales halved to $4.55 billion. Beijing may clear a workstation chip.
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