Nvidia stock split: What’s next for the stock and other AI plays

Now entering the stock split zone.

Nvidia (NVDA) is joining its mega-cap tech peers, becoming the fourth Magnificent 7 stock to split since 2022.

The chip giant’s 10-for-1 stock split, which will start trading on Monday, follows significant price growth, with shares up 212% in the past year. That massive rally pushed Nvidia into the $3 trillion club alongside Apple (AAPL) and Microsoft (MSFT), becoming just the third US company ever to reach that milestone.

“A stock split is a vote of confidence from management that the stock will hold its value, as the stock [price] typically increases,” S&P Dow Jones Indices senior analyst Howard Silverblatt says.

link