Nvidia Boosts Buyback by $150B, Secures $180B+ AI Infrastructure Contracts

Nvidia (NVDA) announced a significant $150 billion increase to its share repurchase authorization, bringing the total capacity to $235 billion through fiscal year 2028. This move signals strong confidence in future cash flow and shareholder returns 🔗.

Additionally, the company disclosed over $180 billion in indirect contracted value for its AI infrastructure through multiple cloud service providers and neoclouds, with a frontier AI lab contracting 2.6 gigawatts of direct Nvidia AI infrastructure to be shipped through 2028 🔗.

Citi reiterated a Buy rating and $315 price target, noting Nvidia's expanded portfolio and increased revenue opportunity per gigawatt with new architectures 🔗.