Nvidia Requests Approval to Double Authorized Shares to 8 Billion

Nvidia’s new Grace CPU Superchip, unveiled at the chipmaker’s AI developer conference, can be seen in this undated handout image obtained by Reuters. Nvidia/Handout via REUTERS

April 8 (Reuters) – Chipmaker Nvidia Corp (NVDA.O) said Friday it would seek shareholder approval to increase the number of authorized shares of common stock from 4 billion to 8 billion.

Reporting by Yuvraj Malik in Bengaluru; Editing by Maju Samuel

Our Standards: The Thomson Reuters Trust Principles.