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National Post
National Post
3 Jun 2024


NextImg:Nvidia's stock is expensive. A look at why, and how that should change, by the numbers

Nvidia’s stock price has more than doubled this year after more than tripling in 2023 and it’s now the third most valuable company in the S&P 500. Nvidia’s stock is rising again Monday after it announced new technology and plans to advance artificial intelligence, or AI, applications.

The company is also about to undergo a stock split that will give each of its investors nine additional shares for every one that they already own.