NVIDIA Corp
XETRA:NVD
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NVD's latest stock split occurred on Jun 10, 2024
The company executed a 10-for-1 stock split, meaning that for every share held, investors received 10 new shares.
Before the split, NVD traded at 1104.4 per share. Afterward, the share price was about 114.1985.
The adjusted shares began trading on Jun 10, 2024. This was NVD's 2nd stock split, following the previous one in Jul 20, 2021.
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NVIDIA Corp
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NVIDIA Corporation, founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, began its journey with a singular focus on graphics processing units (GPUs) for gaming. This venture coincided with the boom in demand for high-quality visuals, propelling the company to a prominent position in the tech industry. With gaming as its initial stronghold, NVIDIA’s GPUs quickly became the go-to choice for rendering stunning graphics, making the immersive experiences of modern video games possible. However, as technology advanced, so did NVIDIA's appetite for innovation, with the company diversifying its portfolio to apply its GPU technology to artificial intelligence (AI), data centers, and autonomous vehicles. This strategic pivot allowed NVIDIA to transform from a niche player in the gaming industry into a dominant force across multiple high-growth sectors. Earning revenue primarily through selling its sophisticated GPU hardware and software solutions, NVIDIA capitalizes on several thriving markets. Its gaming segment continues to be a cash cow, fueled by a constant stream of enthusiasts and professionals alike who seek high-performance computing power. Meanwhile, in the data center and AI segments, NVIDIA sells its technology to cloud service providers, enterprises, and researchers eager to harness the power of AI and deep learning. These innovations demand powerful computation capabilities, which NVIDIA’s technology gracefully delivers. The company's reach extends to automation, where it partners with automobile manufacturers to integrate AI systems into vehicles, contributing to the nascent autonomous driving market. Through a blend of hardware prowess and forward-thinking software development, NVIDIA has positioned itself as more than just a graphics chip producer; it’s a versatile tech powerhouse that caters to the future of computing.
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