AI Infrastructure Demand Lifts Nvidia Shares as Investors Watch for Next Stock Split
Since going public in 1999, Nvidia has been propelled by demand for gaming chips and computing power for AI data centers worldwide, becoming a key supplier of generative AI infrastructure. A stock split does not change a company's market value, but it lowers the nominal price per share and makes trading more accessible, leaving investors closely focused on the timing of any split.
Nvidia has completed six stock splits since its first in 2000, turning one original share into 480 shares. Its latest was a 10-for-1 split that took effect on June 10, 2024, after the stock closed at $1,208.88 on June 7. The market currently speculates that the company could consider another split if its share price doubles again, but Nvidia has not announced any plan or date.
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