Nvidia Announces 10-For-1 Stock Split

Investment Remains Accessible for Private Investors

Stock Split Effective July 7th

Nvidia Corporation, a leading semiconductor manufacturer, has announced a 10-for-1 forward stock split in order to make its shares more accessible to private investors. The split will become effective on July 7th, 2023. "This stock split will provide greater access and liquidity to our shares, making them more appealing to a broader range of investors, including individuals," said CFO Colette Kress. The Nvidia stock split follows a period of strong performance for the company. The company's stock has risen by more than 110% since the beginning of the year, driven by strong demand for its products from the gaming, data center, and automotive industries. Analysts believe that the stock split could further boost the price of Nvidia shares. "Nvidia's stock is already trading at a premium, and the split could make it even more attractive to investors," said Wedbush Securities analyst Matt Bryson. Private investors who own Nvidia stock before the split will receive nine additional shares for every share they own. The split will not affect the total value of an investor's holdings, but it will result in a lower per-share price. Nvidia's stock split is a positive sign for the company and its investors. The split shows that Nvidia is committed to making its shares accessible to a wide range of investors, and it could lead to further appreciation in the company's stock price.