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History might not be the best guide in predicting how Nvidia stock will perform after its 10-for-1 stock split.
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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.
Nvidia's (NASDAQ: NVDA) 10-for-1 stock split is a milestone for the artificial intelligence (AI) chip leader. It's the company's first stock split in nearly three years after it split its shares ...
Nvidia itself executed a four-for-one split in mid 2021. For Nvidia, the third-largest U.S. company by market value, the stock split could spark more interest from individual or retail investors ...
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 ...
Also, Nvidia management's announcement of a 10-for-1 forward stock split seems to have given the stock another big boost, sending the company's market capitalization to almost $3 trillion as of ...