The company’s meteoric rise, which has now taken its share price to more than US$1,200, has been fueled by a wave of demand for technologies related to artificial intelligence (AI), which has seen a surge in interest since 2023.
NVIDIA’s share price has surged 147 percent year-to-date, following a 239 percent increase in 2023.
Investors will get nine additional shares for each share held, with the split-adjusted shares starting to trade on June 10.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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