Nvidia has undergone six forward stock splits since IPO, with significant growth in value.
Artificial intelligence (AI) and stock splits dominate Wall Street trends. Nvidia, a leader in AI, has undergone six forward stock splits since its IPO in January 1999. Despite strong competition, Nvidia faces mounting challenges in the AI market. Its stock split history shows significant growth, with a single share purchased at IPO now worth $73,584. Nvidia’s success is driven by high demand for its GPUs in AI-accelerated data centers. CEO Jensen Huang focuses on innovation to maintain Nvidia’s lead, but faces threats from competitors developing cheaper AI-GPUs. Analysts caution investors to consider Nvidia’s future growth potential before investing.
Read more at Nasdaq: If You Bought 1 Share of Nvidia at Its IPO, Here’s How Many Shares You’d Own Now