With Nvidia (NASDAQ: NVDA) up by more than 40% from the 52-week low it touched in early April, the stock is now back near its record high. Concerns that a slowdown in spending on artificial intelligence (AI) infrastructure might have been coming now look to have been overblown.

At the same time, Nvidia is adding platforms and products that customers can integrate into the growing AI ecosystem. Given the company's solid growth prospects and its near-record-high market cap, it might be time for Nvidia to split its stock again.

If that happens, it would be Nvidia's seventh stock split since the chipmaker began trading publicly in 1999. Its last was a 10-for-1 split implemented a little more than a year ago on June 7, 2024.

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Source Fool.com