The likelihood of Nvidia (NVDA) undergoing a stock split appears uncertain based on the available data and recent developments:
1. Stock Performance and Valuation: Nvidia's closing price of $693.32 and a P/E ratio of 73.5 indicate a high valuation, suggesting a potential for stock split to make shares more affordable.
2. Earnings Per Share (EPS): The absence of specific EPS data for Nvidia in the formatted data makes it challenging to directly assess the company's financial health in relation to stock splits.
3. Market Context: The news mentions Nvidia's competitive moves in the AI chip market, particularly in China, which could positively impact its stock performance. However, it doesn't directly address the likelihood of a stock split.
In conclusion, while high valuation typically precedes stock splits, the lack of specific EPS data and the absence of clear statements from Nvidia's management regarding a potential split make it difficult to predict with certainty.
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