NVDA stock could hit new highs in the future and with its business model and offerings, the sky is the limit. If the spike in demand causes the share price to appreciate, the total market capitalization will often rise after the stock splits. The company is ready to become one of the biggest tech companies in the near future. The fundamentals of the company are strong and the future looks bright. 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 is well understood that stock splits in isolation have no effect on a company’s intrinsic value. It will help Nvidia bring the best technology to the table. 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. This acquisition is made right in time when the world is moving to AVs. Nvidia recently announced the acquisition of DeepMap, a startup that builds maps for autonomous vehicles.

Timely Expansion in the Autonomous Vehicle Industry

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