From Nasdaq: 2024-06-10 17:47:00

Nvidia’s stock split of 10-1 has taken effect, reducing share price to increase accessibility for investors with shares now trading around $120. Despite the split not impacting market value, discussions arise around whether it’s a good time to invest in NVDA after consecutive price growth. Nvidia’s dominance in semiconductor chips led to its market cap surpassing Apple, with forecasts showing significant growth in earnings and sales post-split. The split may offer investors a chance to enter at a more reasonable price with Nvidia expected to continue its growth trajectory. This coincides with the upcoming launch of Nvidia’s Blackwell series GPUs, projected to be the most powerful AI chips in the market.

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Read more at Nasdaq: Time to Buy Nvidia (NVDA) After 10-1 Stock Split?