Nvidia's recent announcement of a 10-for-1 stock split will reduce its stock price to approximately $120 per share.
The stock split has made Nvidia's shares more accessible to a broader range of investors.
Nvidia has recently become a $3 trillion company.
Industry giants Nvidia and Intel made major moves this week, including a 10-for-1 stock split and new AI chips. Foxconn also predicts AI server sales surge.
The Biden administration has stiffened vehicle fuel mile standards as part of its plan to have emissions-free electric vehicles dominate America's automobile sector.