Nvidia's 10-for-1 stock split puts the stock price within the reach of more investors

Shares of chipmaker Nvidia are trading at a fraction of what they were last week on Monday, as a result of the company's 10-for-1 stock split, which took effect at the end of trading on Friday. The move will benefit every investor the AI ​​titan nine additional shares for every share they already own.

Shares fell slightly to $119.77 shortly after the market opened on Monday.

Nvidia's stock price has more than doubled this year, after tripling in 2023, and it is now the third most valuable company in the S&P 500. This rapid ride allowed Nvidia to briefly overtake Apple as the second most valuable company last week in the U.S. Nvidia surpassed $3 trillion in market value.

The chipmaker has seen rising demand for its semiconductors, which are used to power artificial intelligence applications. The company's turnover more than tripled in the last quarter compared to the same period a year earlier.

Nvidia, which has positioned itself as one of the most prominent players in AI, has produced some eye-catching numbers. Here's a closer look:

Nvidia's total market value as of Wednesday. Earlier this year, it overtook Amazon and Alphabet to become the third most valuable publicly traded company, behind Microsoft ($3.168 trillion) and Apple ($3.029 trillion). The company was valued at about $418 billion two years ago.

That's the one-day increase in Nvidia's market value on Wednesday.

Companies often conduct stock splits to make their shares more affordable to investors. Nvidia stock closed at $1,224.40 on Wednesday, and it is just one of 11 companies in the S&P 500 with a stock price above $1,000.

Revenue for Nvidia's most recent fiscal quarter. That's more than triple the $7.2 billion it reported in the same period a year ago. Wall Street expects Nvidia to generate $117 billion in revenue in fiscal 2025, which would be nearly double its 2024 revenue and more than four times its revenue the year before.

Nvidia's estimated net margin, or the percentage of revenue that turns into profit. Looked at another way, about 53 cents of every $1 of revenue Nvidia brought in last year went to the bottom line. By comparison, Apple's net margin was 26.3% and Microsoft's was 36.4% in the most recent quarter. However, both companies have significantly higher revenues than Nvidia.

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