Reported about 1 year ago
Nvidia completed a 10-for-1 stock split recently, reducing individual share prices to about $120 from over $1,200. The split aimed to broaden the company's investor base following its soaring stock prices, attributed to its leadership in the AI chip market. Nvidia's success came from pivoting from GPU-focused gaming to serving AI customers, leading to significant revenue growth and widening profit margins. With a strong hold in the AI market, attention to emerging trends like sovereign AI, and a track record of timely innovation, Nvidia presents a compelling long-term investment opportunity after the stock split, offering potential for growth in the high-demand AI sector.
Source: YAHOO