Why Is Everyone Talking About Nvidia's Stock Split?

Nvidia's (NASDAQ: NVDA) stock split may be one of the most talked-about subjects on the planet right now. At least when it comes to financial news. The artificial intelligence (AI) chip giant announced the operation during its earnings report last month and completed it on June 7. And today Nvidia shares start trading at their split-adjusted price.

This operation was eagerly anticipated, with investors wondering about a possible split over the past year as Nvidia stock roared higher. When the company finally spoke of its plans, Nvidia stock, trading at around $950, raced past $1,000. So, it's clear there's a lot of excitement surrounding this move by Nvidia -- even though stock splits aren't known to boost stock performance. So why is everyone talking about Nvidia's stock split? Let's find out.

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Source Fool.com