Current:Home > MyWhen does the Nvidia stock split happen? What you need to know -Prime Capital Blueprint
When does the Nvidia stock split happen? What you need to know
View
Date:2025-04-11 15:45:16
Tech giant Nvidia is taking advantage of a strong opening to the year with a 10-for-one stock split.
The artificial intelligence and computer hardware company announced the split in its first quarter earnings call last week.
The company reported a more than 260% increase in revenue compared to the first quarter in 2023, while data center revenue jumped 427% from last year to $22.6 billion. The increase is fueled in part by the demand for generative AI training, the company said.
"The next industrial revolution has begun," Jensen Huang, Nvidia founder and CEO, said in a news release. "Companies and countries are partnering with Nvidia to shift the trillion-dollar traditional data centers to accelerated computing and build a new type of data center − AI factories − to produce a new commodity: artificial intelligence."
Here's what you need to know about Nvidia's stock split.
When will Nvidia stock split?
Nvidia stock will split after the close of trading on June 7.
When do investors need to hold Nvidia stock to have it split?
Nvidia investors will need to hold the stock by the end of regular trading June 6 for their shares to be split.
When will Nvidia stock trade on the split basis?
Trading of Nvidia stock on the split basis will begin June 10.
The company will pay out a one cent per share dividend based on post-split holdings on June 28. Shareholders must have shares after market close on June 11 to receive the dividend.
What would the price of Nvidia be if it split today?
Nvidia stock closed trading Wednesday at $1,148.25 per share. It would be valued at $114.82 per share after the split.
veryGood! (33)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- 3 US Marines found dead inside car at North Carolina gas station near Camp Lejeune
- US steps up warnings to Guatemalan officials about election interference
- 'A great man': Chicago Blackhawks owner Rocky Wirtz dies at age 70
- Louvre will undergo expansion and restoration project, Macron says
- Alaska board to weigh barring transgender girls from girls’ high school sports teams
- Dodgers bring back Kiké Hernández in trade with Red Sox
- Colorado students at private career school that lost accreditation get federal loan relief
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- 'Jeopardy!' champs to boycott in solidarity with WGA strike: 'I can't be a part of that'
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- A hung jury means a Georgia man jailed for 10 years must wait longer for a verdict on murder charges
- Colorado businessman gets over 5 years in prison for ‘We Build The Wall’ fundraiser fraud
- After 40 years, a teenage victim of the Midwest's 'interstate' serial killer is identified
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Why Megan Fox Is Telling Critics to Calm Down Over Her See-Through Dress
- Comedian Dave Chappelle announces fall dates for US comedy tour
- Chinese and Russian officials to join North Korean commemorations of Korean War armistice
Recommendation
Trump invites nearly all federal workers to quit now, get paid through September
Greece fires force more evacuations from Rhodes and other islands as a new heat wave bears down
Small funnel cloud over US Capitol turns into viral photo
Lionel Messi shines again in first Inter Miami start, scores twice in 4-0 win over Atlanta
Rylee Arnold Shares a Long
Celtics' Jaylen Brown agrees to richest deal in NBA history: 5-year, $304M extension
Hundreds evacuated after teen girl sets fire to hotel sofa following fight with mom
Lionel Messi shines again in first Inter Miami start, scores twice in 4-0 win over Atlanta