Nvidia's last stock split occurred in July 2021 -- since then, the chipmaker's shares are up nearly 500%. A stock split will make Nvidia's shares more accessible to a broader base of investors, but there are some important things to note about what can happen after a split occurs.
The latest spate of AI chip news is sending Nvidia (NASDAQ: NVDA ) to new all-time highs. These AI-related developments for Nvidia stock include the AI chip leader's unveiling of its upcoming Rubin chip platform on June 3.
The AI craze may be slowing, but that doesn't mean there's not plenty of opportunity available. While investing heavily in Nvidia (NASDAQ: NVDA ) could keep the cash coming in (considering its recent performance), there's a more cost-effective strategy to leverage Nvidia's growth: investing in Nvidia partner stocks, which stand to benefit from Nvidia's expansive influence across various industries.
Shares in Nvidia have soared more than 170% since last June. The company attracted investors with a booming AI business.
Nvidia's sales have reached record levels due to its dominance in the artificial intelligence chip market. Rivals, though, are keen on gaining market share and have recently released new high-performance AI chips.
Tesla CEO Elon Musk gave more detail of planned purchases of Nvidia processors for the electric-vehicle maker.
As the majority of participants in the stock market anticipate an upcoming stock split by Nvidia (NASDAQ: NVDA), which will offer additional shares to current holders, consequently bringing down the price of each individual share, an insider has taken the opportunity to profit.
Nvidia intends to complete a 10-for-1 forward-stock split before the opening bell on Monday, June 10. Nvidia's H100 graphics processing unit (GPU) has become the undisputed top choice in high-compute data centers, which has sent its gross margin soaring.
In the week and a half since Nvidia CEO Jensen Huang arrived in Taiwan, his every move has been breathlessly followed.
Several billionaire investors sold Nvidia stock in Q1. There are multiple reasons why they could be buying it again now.
Kneron, an artificial intelligence chip startup, launched its next-generation products on Wednesday as it looks to cash in on AI interest from businesses and offer an alternative to giants like Nvidia and AMD. The Taiwanese firm, which is backed by U.S. chip giant Qualcomm and iPhone assembler Foxconn, took the wraps off the KNEO 330, its second-generation "edge GPT" server.
Nvidia (NASDAQ: NVDA ) stock is rising again on news that it may receive more orders from a new customer later this year. Last week, The Information reported that Elon Musk planned on using Nvidia chips to power his new venture, xAI.