Nvidia announced a ten-for-one stock split that began trading in June 2024.
Nvidia’s split took effect after the company’s shares had risen sharply alongside demand for graphics processors and artificial-intelligence computing. Trading on a split-adjusted basis began on June 10, 2024. Each shareholder received nine additional shares for every share held, while the total value of the investment was unchanged immediately by the split itself.
Stock splits reduce the quoted price of each individual share without changing a company’s market capitalization. They can make shares appear more accessible to smaller investors, although the split does not by itself improve earnings, products, or business prospects.
Nvidia’s market value expanded rapidly as its data-center chips became central to AI infrastructure. The company was founded in 1993 and is also known for developing the CUDA software platform used to program its GPUs.