The article discusses NVIDIA’s impressive first-quarter earnings report and the company’s announcement of a 10-for-1 stock split scheduled for 2024. Key points include: NVIDIA’s stock price surged over 25% after reporting better-than-expected Q1 results, with revenue of $7.19 billion and earnings per share of $1.09, beating estimates. The company’s data center business saw a 14% year-over-year increase in revenue, driven by strong demand for AI and cloud computing. NVIDIA announced plans for a 10-for-1 stock split in 2024, aiming to make its shares more accessible to a broader range of investors. The stock split is subject to shareholder approval at the company’s annual meeting. NVIDIA’s CEO expressed optimism about the company’s future growth prospects, particularly in the AI and data center markets.