From Nasdaq: 2024-06-10 06:45:00

Nvidia (NASDAQ: NVDA) completed a 10-for-1 stock split, lowering the price to about $100. Stock splits make it easier for more investors to buy in. Companies like Alphabet, Amazon, and Tesla have also seen stock splits recently due to surging share prices.

Investors anticipated Nvidia’s stock split after the price surpassed $1,000 earlier this year. The split comes after a stellar earnings report. Current shareholders received new shares leading to the split-adjusted price.

The stock split doesn’t change the total market value or the investment value for existing shareholders. It now allows investors to purchase smaller quantities of Nvidia stock without fractional shares. Future growth catalysts for Nvidia include new product releases and demand for its AI-related products.

Upcoming releases like Nvidia’s H200 GPU and a new architecture called Blackwell could drive share prices higher. The demand for these products is high, potentially fueling Nvidia’s revenue growth and positioning the company for long-term success.

Investors may find the recent stock split a wise move by Nvidia, but the company’s ability to maintain market positioning and grow revenue will be critical in the long run. Looking ahead, the launches of new products and government projects related to AI could further impact Nvidia’s stock performance.



Read more at Nasdaq: Nvidia Just Completed a 10-for-1 Stock Split. Here’s What to Look for Next.