Financial media The Motley Fool believes that Nvidia's stock split announcement may be released on May 22nd.
Recently, Nvidia's stock price has once again risen to nearly $1000. Analysts believe this is usually a signal that investors are starting to anticipate the company's announcement of a stock split.
The last time Nvidia conducted a stock split was on July 20, 2021, where a four-to-one split increased the number of shares by four times and reduced the stock price to one-fourth.
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It is worth noting that the announcement of the last stock split was made on May 26, 2021, close to the shareholder meeting, making it easier for shareholders to vote for approval. At that time, the stock price was around $600, while today's stock price is much higher.
If Nvidia announces a stock split on May 22nd, it will not come as a surprise. However, whether the stock price will soar like last time remains unknown.
Back then, after the stock split announcement, the stock price rose by 30% in just a few days. If the stock price were to rise by another 30% now, Nvidia's market value would increase from $2.3 trillion to about $3 trillion, surpassing Apple to become the world's second-largest company.
The continuous growth of Nvidia's business is the main reason driving the stock price up. The company's graphics processing units (GPUs) are selling well, mainly to support the artificial intelligence (AI) needs of data centers. The company's first-quarter revenue is expected to reach $24 billion, a year-on-year increase of 234%, indicating another strong quarter

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Media estimates that NVIDIA may announce a stock split on May 22nd. Last time a split was announced, the stock price rose by 30%. If the current stock price also rises by 30%, NVIDIA's market value will increase to about $3 trillion, surpassing Apple to become the world's second-largest company

Not just financial reports, will NVIDIA "split shares" this time?