Nvidia’s 10-for-1 stock split is implemented following a double in the company’s stock price this year

With the implementation of Nvidia’s 10-for-1 stock split, investors will get nine more shares for each share they now possess.

Shortly after the market opened on Monday, shares saw a little drop to $119.77.

After more than doubling in 2023, Nvidia’s stock price has more than quadrupled this year, making it the third most valuable business in the S&P 500. Last week, Nvidia momentarily overtook Apple as the second-most valued corporation in the United States because to its incredible rise. Nvidia’s market valuation has topped $3 trillion.

Artificial intelligence applications rely on the semiconductors produced by the chipmaker, whose products are in high demand. In comparison to the same quarter last year, the company’s sales more than tripled in the most recent quarter.

The whole market worth of Nvidia as of Wednesday. It surpassed Alphabet and Amazon earlier this year to take the third spot as the most valuable publicly traded business, after Apple ($3.029 trillion) and Microsoft ($3.168 trillion). Two years ago, the corporation was estimated to be worth $418 billion.

The 10-for-1 stock split announced by the corporation became effective on Friday at the closing of market. With this change, each investor will receive nine more shares for every share they now possess.

Businesses split their stocks frequently to lower the price of their shares for investors. Nvidia is just one of 11 businesses in the S&P 500 with a share price over $1,000. Its stock finished at $1,224.40 on Wednesday.

Revenue for the latest fiscal quarter of Nvidia. That is more than three times the $7.2 billion it disclosed at the same time last year. Wall Street projects that Nvidia will earn $117 billion in sales in its fiscal year 2025, about double what it did in 2024 and more than four times what it earned in the previous year.

The anticipated net margin of Nvidia is the proportion of sales that is converted into profit. Put another way, Nvidia’s bottom line benefited from almost 53 cents of every $1 in sales earned last year. In contrast, Microsoft’s net margin in the most recent quarter was 36.4%, while Apple’s was 26.3%. But the income of those two businesses is far more than Nvidia’s.