Nvidia’s Stock Split History: From IPO to AI Dominance
Nvidia's journey from a 1999 IPO to its current position as a market leader reads like a masterclass in long-term growth. A single $12 share purchased at its debut WOULD now be worth $85,378 after six stock splits—the most recent being June 2024's 10-for-1 split. The 40% compound annual growth rate underscores how patient investors were rewarded before the AI boom even began.
The semiconductor giant's dividend initiation in 2012 added another layer of returns for those who reinvested. While the article focuses on traditional equities, Nvidia's GPU technology remains foundational to cryptocurrency mining operations—particularly for Ethereum before its transition to proof-of-stake.