Reported about 2 months ago
Since Nvidia's IPO in 1999, a single share would have transformed into 480 shares due to multiple stock splits, resulting in a staggering increase in value from $12 to approximately $58,000 today. The immense growth is largely attributed to Nvidia's dominance in AI chip technology and the overall rise of cloud computing, which has significantly boosted demand for its products.
Source: YAHOO