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Now entering the stock split zone. Nvidia is joining its megacap tech peers, becoming the fourth "Magnificent Seven" stock to split since 2022.The chip giant’s 10-for-1 stock split, which will ...
The moment many investors were waiting for is finally here: Nvidia (NASDAQ: NVDA) is set to split its stock on June 7. This comes after the stock soared more than 3,000% in five years, surging ...
Image source: Getty Images. The stock-split details. Nvidia announced that its board of directors had approved a 10-for-1 forward stock split.This will result from an amendment to the company's ...
Image source: Getty Images. 1. Nvidia stock isn't cheaper than it was before. Nvidia stock, at the split-adjusted price, now is trading for about $120 a share compared with more than $1,200 last week.
The stock split might be a nice bonus for investors, but the real reason to buy Nvidia stock is its dominance in generative AI hardware, and its growth potential as the AI market continues to develop.
The chipmaker has generated unprecedented growth in recent years. A stock split will make the shares much more affordable for the average investor.
Image source: Getty Images. Details about Nvidia's stock split. First, a few details about the stock split.Nvidia issued the new shares to current holders after the close of trading on June 7.
It is -- but not because of Nvidia's upcoming stock split. Nvidia's shares have climbed after its past stock splits, but this movement is due to the company's increasing revenue and demand for its ...