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NVDA stock could hit new highs in the future and with its business model and offerings, the sky is the limit. The company is ready to become one of the biggest tech companies in the near future. It is well understood that stock splits in isolation have no effect on a company’s intrinsic value. The fundamentals of the company are strong and the future looks bright. If you own Nvidia (NVDA) shares, you certainly know by now that this outstanding company announced on May 21st ( press release here) that it would do a 4-for-1 stock split for holders of NVDA shares on June 21st (record date), effective July 20th. The stock might become attractive after the stock split and could attract more investors. Whether you are keen on the stock split or not, NVDA stock is one to hold forever. With this acquisition, Nvidia will be able to offer the best mapping and localization capabilities on DRIVE and ensure that the vehicles are a notch better than the others in the industry. NVIDIA Drive is an end-to-end platform that provides neural network training in the data center. AVs offer higher precision and this acquisition will allow the company to scale across its AV fleets.

It will help Nvidia bring the best technology to the table. In recent weeks, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL ), Amazon (NASDAQ: AMZN ), and Tesla (NASDAQ: TSLA) shares have all soared following their upcoming stock split announcements. This acquisition is made right in time when the world is moving to AVs. Though there is no guarantee a stock split will result in a rally, there is certainly a good chance for a meaningful increase in market interest that sends the. Nvidia recently announced the acquisition of DeepMap, a startup that builds maps for autonomous vehicles. Timely Expansion in the Autonomous Vehicle Industry