NVIDIA Stock Price 'Only' $120 Due to 1:10 Stock Split Attracting More Shareholders

Reported about 1 year ago

After a 1:10 stock split, NVIDIA's stock price dropped to $120 per share as of the first trading day, signaling a successful move to welcome more investors. With Apple planning to incorporate artificial intelligence using NVIDIA chips, the stock price may see further increases. The split led to a rise of 0.75% on the first trading day post-split, boosting the overall market indices in the U.S., with NASDAQ hitting a historical high. Meanwhile, Tesla's Musk expressed dissatisfaction with partnerships involving Apple, Microsoft, and NVIDIA in AI, reflecting the competitive tech landscape.

Source: YAHOO

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