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Nvidia boosts buyback authorization by $150 billion to $235 billion total

Nvidia's board approved an additional $150 billion in share repurchases, bringing its total remaining buyback authorization to $235 billion, the company said Monday. Nvidia called it the largest buyback increase in its history and said it expects to complete the program by fiscal 2028. Shares rose nearly 3% on the news, extending a roughly 24% year-to-date gain.