NVDA Stock Recent News
NVDA LATEST HEADLINES
Nvidia Corporation has recorded an impressive rally of +35.2% after the double beat FQ1 '25 results, promising FQ2 '25 guidance, and the long awaited 10-for-1 stock split. With generative AI driving robust sales in both infrastructure and SaaS layers, Nvidia remains well positioned to generate profitable growth and retain leading market share. Then again, potential redundancy/ bullwhip effect, expensive ASPs/ intensified in-house AI chip developments, and tougher YoY comparisons may lead to its near-term correction.
Nvidia GPUs were used to mine cryptocurrencies, and that use case connected the two.
Despite what seems like a rush of high-profile stock-split announcements from companies including Nvidia Corp., Broadcom Inc. and Chipotle Mexican Grill Inc., management teams are generally taking their time before heading to Splitsville.
Nvidia is the bona fide chip leader in artificial intelligence. Arm Holdings will collect royalties on the AI revolution.
Nvidia Corp.' s stock has returned 162% this year through Thursday with dividends reinvested, while it has more than tripled from a year ago.
Nvidia recently completed a 10-for-1 stock split, and the shares began trading at their new price earlier this week. Investors have followed the tech giant's meteoric rise as artificial intelligence (AI) customers rushed to get in on its chips.
Nvidia has completed five stock splits (excluding the recent one) since going public in 1999, and shares have consistently declined in the following 12-month and 24-month periods. Nvidia dominates the market for data center GPUs and artificial intelligence chips, and it has a formidable competitive advantage in its full-stack computing platform.
Artificial intelligence (AI) is the hottest innovation since the advent of the internet and could add close to $16 trillion to the global economy by 2030. Nvidia's first-mover advantages, ongoing innovation, and scorching-hot gross margin have led to a picture-perfect scaling of its operations, as well as a much-needed 10-for-1 stock split.
Nvidia stock investors should consider the fundamental metrics that are the catalysts that drive stock price appreciation.
It's no secret that AI bullishness has pushed many stocks higher in 2024, a list that includes several S&P 500 members such as Super Micro Computer, Constellation Energy, and Nvidia.