The increase comes four months after the chip giant added $80 billion to its buyback program, bringing the total remaining authorized amount to $235 billion.
Jensen Huang, chief executive of Nvidia, has led the company as its stock price has skyrocketed amid the explosion in demand chips that are the centerpiece of giant A.I. data centers.
The Times columnist Kevin Roose sees reasons for optimism β and worry β as the world wakes up to what Silicon Valley has been talking about for years.
Mr. Trump called Jensen Huang, Nvidiaβs chief executive, while Mr. Huang was onstage in Los Angeles and criticized calls to slow down and regulate A.I.