Fool.com contributor Parkev Tatevosian reveals what Nvidia‘s ((NASDAQ: NVDA) decision means for investors. *Stock prices used were the afternoon prices of May 21, 2024. The video was published on May 23, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team […]
Tag: 10for1
Nvidia stock jumps after big earnings beat, 10-for-1 stock split announcement
Jensen Huang presents at Nvidia’s GTC conference in 2024Justin Sullivan/Getty Images Nvidia stock jumped as much as 5% after it reported first-quarter earning results on Wednesday. The company beat profit and revenue estimates thanks to continued strength in its GPU business. Nvidia boosted its dividend and announced a 10-for-1 stock split. Nvidia stock surged to […]
Nvidia announces 10-for-1 stock split, revenue gains in first quarter earnings report
Graphics and artificial intelligence company Nvidia announced a 10-for-one stock split as a part of its first quarter earnings release Wednesday. The company reported an over 260% increase in revenue compared to the first quarter in 2023, while data center revenue jumped 427% from last year to $22.6 billion, an increase fueled in part by […]
Nvidia Announces a 10-for-1 Stock Split. Here’s What Investors Need to Know.
Recent developments in the field of artificial intelligence (AI) have captured the public imagination over the past year or so. One of the byproducts of this trend has been the surging stock prices of companies at the forefront of this paradigm shift in technology. Nowhere is this more apparent than with chipmaker Nvidia (NASDAQ: NVDA), […]