Stock-Split Watch: Is Nvidia Next?
Nvidia (NASDAQ: NVDA) stock splits have become a clear sign of the stock's strength in the world of artificial intelligence (AI). Its AI accelerators have arguably made it the most essential AI stock. Its transformational power over the chip industry allowed it to replace the former industry leader Intel as one of the 30 stocks making up the Dow Jones Industrial Average (DJINDICES: ^DJI) in November 2024.
But does that mean it has grown to the point that investors should expect it to become the next major stock split? Let's take a closer look.
Nvidia stock benefited from early successes in its history. The company launched an IPO in 1999 at the height of the dot-com boom. Even as that bull market ran its course, Nvidia stock grew steadily, prompting four stock splits between 2000 and 2007.
Source Fool.com
