Reported 4 months ago
Nvidia, currently valued at $2.6 trillion, has seen a 720% increase in stock value since early 2023, making it a contender to join Microsoft in the exclusive $3 trillion club. The company, known for dominating the market for AI data center chips, is set to initiate a 10-for-1 stock split to make its shares more affordable for retail investors. With soaring revenue and earnings coupled with its position in the AI industry, analysts predict Nvidia's potential to reach the $3 trillion mark, making it an attractive investment option.
Source: YAHOO