2024-06-10 15:08:28
Nvidia's Stock Split and AI Investment Potential
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The press radar on this topic:
The Street
Why a veteran fund manager sold some Nvidia stock before its stock split
Technology
Economy
Finance
Nvidia CEO Jensen Huang received rock star treatment in Taiwan, where he was a keynote speaker at a computer trade show. Huang's popularity, dubbed 'Jensanity,' took over the island as he was mobbed by attendees and featured in thousands of social media posts. Nvidia shares rallied to record highs, overtaking Apple in market cap, and the company announced a ten-for-one forward stock split.
The Street
Nvidia stock split explained
Finance
Technology
Nvidia's 10-for-one stock split is set to take effect, making the stock more accessible and manageable for investors. Stock splits like this can increase liquidity and historically result in better performance for the company's shares.
The Street
AMD fires latest shot at Nvidia in AI-chip war
Technology
The artificial-intelligence sector is seeing a fierce competition between heavyweights, with the generative-AI market predicted to reach $1.3 trillion in the next 10 years. AI-related hardware is expected to grow to $640 billion by 2032, and companies like Microsoft, Apple, Alphabet, Nvidia, and Amazon are poised to benefit from this opportunity. While Nvidia currently dominates the AI-chip market, AMD showcased its Ryzen AI 300 Series processors and Ryzen 9000 Series processors for desktops at..
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