Core Insights - Nvidia has transformed a $12 investment at its IPO in 1999 into $73,584 in less than 27 years, excluding dividends [1][4] - The company has executed six stock splits since its IPO to make shares more affordable for investors [2][4][7] Company Performance - Nvidia's stock price growth is driven by high demand for its graphics processing units (GPUs), particularly the Hopper and Blackwell models used in AI-accelerated data centers [5] - CEO Jensen Huang is focused on maintaining Nvidia's competitive edge through an aggressive innovation strategy, aiming to release a new advanced chip annually [6] Stock Split History - Nvidia's stock split history includes: - June 2000: 2-for-1 - September 2001: 2-for-1 - April 2006: 2-for-1 - September 2007: 3-for-2 - July 2021: 4-for-1 - June 2024: 10-for-1 [7] Competitive Landscape - Nvidia faces competition as some of its top customers are developing their own lower-cost AI-GPUs, which could impact Nvidia's market share and upgrade cycles [8] - The technology sector, including AI, has historically experienced bubble-bursting events, indicating potential volatility for Nvidia's stock in the future [8]