Nvidia projects higher-than-expected quarterly revenue and announces a stock split.

Nvidia Corp. on Wednesday forecast quarterly revenue above analysts’ estimates and announced a stock split, propelling its shares to record highs and capturing the attention of investors who have significantly boosted the chipmaker’s market value over the past year, driven by enthusiasm for artificial intelligence (AI). Nvidia shares surged 5.9% in after-hours trading, reaching $1,005, … Continue reading Nvidia projects higher-than-expected quarterly revenue and announces a stock split.