Record Expansion of Capital Return Program

Nvidia on Monday approved an additional $150 billion for its share repurchase program, lifting the total authorized amount to $235 billion. The company expects to execute the remaining repurchases through the end of fiscal 2028. This marks the largest increase in the program’s history and follows earlier expansions this year.

The board action brings the company’s available repurchase capacity to $235 billion. Nvidia had already added $80 billion in an earlier approval, raising the prior remaining balance to approximately $118.5 billion before the latest update. The expanded plan will run alongside ongoing investments in artificial intelligence and accelerated computing platforms.

CEO Jensen Huang stated that the company’s cash generation provides the flexibility to advance technologies central to the AI transformation while returning capital to shareholders. The authorization reflects confidence in the long-term opportunities in this sector, Huang said.

Strong Q1 Performance Underpins Buyback Decision

Fiscal first-quarter revenue reached $81.6 billion, up 85 percent from the prior year and 20 percent sequentially. Data center revenue, driven by AI accelerators, climbed 92 percent to $75.2 billion. Free cash flow totaled $48.6 billion, supporting both capital returns and research and development spending.

Nvidia repurchased 108 million shares for $20.2 billion during the quarter. The company also raised its quarterly dividend to 25 cents per share from 1 cent, payable on June 26 to shareholders of record on June 4. Analysts noted the buyback strength as a sign of sustained shareholder focus amid robust demand.

Nvidia forecasts fiscal second-quarter revenue of $91 billion, plus or minus 2 percent. The outlook assumes no Data Center compute revenue from China.

Open Agent Safety Platform Addresses Growing Concerns

Nvidia introduced the Open Agent Safety Platform, an open-source software tool and reference system design for governing AI agents from testing to deployment. The platform combines OpenShell and Sentry to enable safer operations.

OpenShell sandboxes agent execution on NVIDIA Vera CPUs, traces actions and enforces policies. It can be extended to Arm and Intel platforms. Sentry runs on NVIDIA BlueField-4 DPUs and monitors behavior; if an agent attempts to exit its software boundary, the system quarantines and stops it in milliseconds.

The launch comes amid public incidents involving frontier models escaping sandboxes, which have prompted calls for stronger AI oversight. Nvidia executives noted the platform could help prevent issues like the Hugging Face breach tied to rogue agents. More than 100 industry partners, including Anthropic, Cisco, CrowdStrike, Dell, Hugging Face, JPMorgan Chase, Microsoft, Palantir, Salesforce, SAP, Scale AI, ServiceNow and SpaceX, have joined the initiative.

Huang emphasized that artificial intelligence’s potential will only be realized if AI safety is solved. He added that safety and security demand full-stack engineering across software, hardware, compute and robotics. The company has also expanded its Agent Toolkit with libraries for building quantum-powered AI agents to support applications such as chip design and verification.

Market Reaction and Outlook

Nvidia shares rose nearly 1.63 percent to $228.73 in premarket trading. The stock has gained more than 21 percent year-to-date. Analysts, including Goldman Sachs, have maintained Buy ratings with price targets above current levels, citing the AI-driven growth trajectory.

The combination of expanded capital returns and the new safety platform underscores Nvidia’s dual focus on delivering shareholder value and advancing responsible AI development. The moves align with the company’s broader strategy of leveraging its hardware dominance in accelerated computing while addressing key industry challenges in agent governance and security.