Nvidia reaches $1,000 per share and outlook for next stock split
NVDA NVIDIA Corp
$229.28 -0.52%
View chart & analysis → - 1Nvidia implemented a 10-for-1 stock split ratio in 2024.
- 2Nvidia's current market capitalization of $5.6 trillion would have been over $2,000 per share if the split had not occurred.
- 3Nvidia told investors that global annual data center capital expenditure is expected to reach $3 trillion to $4 trillion annually by 2030.
So what's the key point?
Nvidia split its shares into 10 parts. The company said that money spent on data centers will reach $4 trillion by 2030.
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