Nvidia Announces a 10-for-1 Stock Split. Here's What Investors Need to Know
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.Recent developments in the field of artificial intelligence 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 , whose graphics processing units have become the gold standard for AI.The company's consistent execution and unrivaled business performance have fueled its meteoric ascent. Nvidia stock has gained 540% since early last year, driven by triple-digit revenue and profit growth resulting from surging demand for AI. Yet that's just the beginning. Since Nvidia's IPO in early 1999, the stock has soared from a split-adjusted price of $0.25 to more than $939, representing eye-popping gains of 375,500%.As the above example shows, the total value of ownership won't change base
TESLA is a one man show towards the growth and vision which can be diluted if he finds something else is interesting. Relying at long run is major risk
Elon Musk Thinks Tesla Stock Could 10x in Price. Is That Realistic?
Ark Invest updated its price target for Tesla last April, saying that Elon Musk's car company will be worth $2,000 per share by 2027. At the time, Tesla's stock was trading at around $160 per share, l