Cash In on NVIDIA's 10-for-1 Split Before It's Too Late!

Advancements in artificial intelligence (AI) have captivated public interest over the past year. This trend has led to soaring stock prices for companies leading this technological revolution. A prime example is Nvidia (NASDAQ: NVDA), whose graphics processing units (GPUs) have set the benchmark in AI technology.

NVDA stock split announcement

Nvidia announced plans to split its stock for the first time since July 2020. The stock has gained more than 800% in the nearly four years since, which is likely the catalyst for the split. Nvidia's board of directors approved a 10-for-1 forward stock split, meaning shareholders of record as of June 6, 2024, will receive nine additional shares for each share they own after the market close on June 7. The stock is expected to begin trading on a split-adjusted basis on June 10.