Nvidia announced another stock buyback on Monday, increasing the repurchase of common stock by a record $150 billion and bringing the total repurchase authorization to $235 billion through 2028. 

The company has aggressively deployed cash to buy back its shares since 2025, far eclipsing similar efforts of other tech giants, including Apple (AAPL), Alphabet (GOOGL) (GOOG), and Meta (META). 

In fiscal year 2025, Nvidia repurchased approximately $34 billion in shares. In fiscal year 2026, buybacks climbed to over $40.4 billion. Then, in the first half of fiscal year 2027, which ran through July 2026, the company bought back $39 billion in stock. 

Nvidia stock (NVDA) rose Monday on the buyback news,…