Reported 6 months ago
Nvidia dominates the AI chip market, with earnings soaring to triple digits and analysts predicting the AI market could reach over $1 trillion by the end of the decade. Nvidia's stock price has surged by 600% in the past three years, hitting nearly $1,000 before the company announced a 10-for-1 stock split scheduled for June 7. However, the article highlights that buying Nvidia shares before or after the split doesn't affect the value of an investor's holding, as splits are merely mechanical movements. The split aims to attract a broader range of investors to Nvidia, but the company's strong market position, growth prospects, and reasonable valuation at 42x forward earnings estimates make it an attractive investment choice whether bought before or after the split.
Source: YAHOO