Reported 11 months ago
Nvidia has announced a 10-for-1 stock split to make shares more affordable. Analyst Stacy Rasgon believes the split won't significantly impact the stock, which he considers relatively inexpensive compared to the company's growth potential driven by Blackwell and Rubin chips in the AI space. While short-term concerns revolve around meeting market expectations, the main worry lies in ensuring sufficient returns on the massive investments being made for long-term structural sustainability.
Source: YAHOO