Nvidia Stock Split: 2 Years After, Could Nvidia Stock Reach $1,000 Again? - The Motley Fool

NVIDIA completed its sixth and largest stock split to date on June 10, 2024, with a 10-for-1 ratio, reducing its share price from over $1,000 to around $100. Since then, the stock has risen 75% to app... Read original →

NVIDIA’s 10-for-1 stock split in June 2024 wasn’t just cosmetic—it amplified its strategic pivot beyond GPUs. Technically, the Vera Rubin platform’s CPU-GPU convergence intensifies demand for TSMC’s 3nm EUV and advanced packaging, squeezing smaller rivals’ access and raising foundry costs. Geopolitically, U.S. AI chip export controls shield NVIDIA’s margins short-term but accelerate China’s RISC-V and chiplet alternatives, eroding its long-term dominance. AMD’s MI300X ramp and Intel’s Gaudi3 undercutting force NVIDIA to fortify its CUDA moat, yet EU antitrust scrutiny under the DMA threatens ecosystem lock-in. Even with 50%+ revenue growth, a $24T market cap needed for a $1,000 share price exceeds realistic capital allocation limits within the S&P 500. The real test: can NVIDIA monetize its CPU-AI hybrid architecture before competitors fragment the stack? Price targets matter less than architectural defensibility.