Nvidia Announces 10-for-1 Stock Split

Effective Today, Investors Receive Nine Additional Shares per Share Owned

Shares Begin Trading on Split-Adjusted Basis

Nvidia's 10-for-1 stock split is now in effect, giving investors nine additional shares for every one they already own. This means that if you held one Nvidia share before the split, you now have ten shares.

The split-adjusted shares are set to begin trading today on the NASDAQ exchange under the ticker symbol "NVDA." The split was announced in Nvidia's first-quarter earnings report, released this morning.

A stock split is a corporate action in which a company divides its existing shares into a larger number of shares. This does not change the value of the company's total market capitalization but makes the shares more affordable for individual investors.