Do you think Nvidia will undergo another stock split?
$NVIDIA (NVDA.US)$It has split its stock multiple times in the early 2000s, and most recently split one share into four in July 2021.
Of course, it wouldn't be an exaggeration to think that the company may choose to undergo another stock split, considering that the stock price has increased fivefold since the previous split three years ago and is currently at $947.8 at the time of writing.
Nvidia has predicted the AI revolution much earlier than other competitors and has established a long lead over the years. In fact, Nvidia has been investing in the CUDA software ecosystem since 2006. CUDA enables developers to program Nvidia's graphics processors for data processing, making AI possible. ChatGPT is expected to be introduced in the second half of 2022, and its foresight seems like a genius move. With a lead of 17 years over competing companies, AI developers build most applications with CUDA, making it difficult for competitors to enter the market.
In October of last year, the management declared that they would double the speed of announcing new chip architectures from once every two years to once a year. Subsequently, in March, they announced the new Blackwell architecture, which is expected to be released in the latter half of 2024. This new AI chip represents a significant leap even from the current Hopper architecture, with a learning performance that is 2.5 times greater and an inference performance that is up to 5 times greater.
Nvidia will announce its first-quarter earnings tomorrow, May 22 (Wednesday), and all indicators point to a strong and continued growth fueled by AI.
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