Nvidia Soars on Booming AI Demand; Stock Split Speculation to Increase Accessibility

Nvidia is a top artificial intelligence (AI) stock due to its graphics processing units (GPUs) that power AI computing.

Nvidia stock is up over 200% this year, leading to speculation of a stock split to make shares more accessible.

Nvidia revenue grew 101% last quarter to $13.5 billion and expects 170% growth next quarter, showing huge demand.

Nvidia trades at a premium valuation, but forward P/E ratios imply analysts expect continued high revenue and earnings growth.

There are concerns about Nvidia's growth slowing after the AI boom, so investors should be cautious and not overexpose their portfolio.