Reported 6 months ago
After completing its 10-for-1 stock split, Nvidia's shares will decrease in price from $1,200 to around $120, making it more accessible to investors and employees. Nvidia's revenue has soared due to its transition from gaming to dominating the AI chip market. The stock split is a mechanical operation that does not alter the company's overall value but allows for more affordable per-share pricing. This move opens up opportunities for new investors to access Nvidia shares at a lower price point.
Source: YAHOO