My Shorterm Target for NVDA is $1300, Nvidia's Split Aiming for the DJI.?

My shorterm target for $NVIDIA Corp(NVDA)$ before split is $1300.

I keep positive outlook for the keynote speech on June 2 at Taipei from Jasen Huang.

Amid an AI revolution sweeping through trillion-dollar industries worldwide, NVIDIA founder and CEO Jensen Huang will deliver a keynote address ahead of COMPUTEX 2024, in Taipei, outlining what’s next for the AI ecosystem.

Slated for June 2 at the National Taiwan University Sports Center, the address kicks off before the COMPUTEX trade show scheduled to run from June 3-6 at the Taipei Nangang Exhibition Center.

The keynote will be livestreamed at 7 p.m. Taiwan time (4 a.m. PT) on Sunday, June 2, with a replay available at NVIDIA.com.

With over 1,500 exhibitors from 26 countries and an expected crowd of 50,000 attendees, COMPUTEX is one of the world’s premier technology events.

Special adding on $NVIDIA Corp(NVDA)$ 10-for-1 stock split

$NVIDIA Corp(NVDA)$ recently announced a 10-for-1 stock split, likely to make its shares more attractive to a broader range of investors.

This move has sparked speculation that the company is eyeing inclusion in the prestigious $DJIA(.DJI)$

Why It Matters:

The Dow Jones is a price-weighted index, where higher-priced stocks have a more significant impact. A stock's dollar value, not just percentage changes, drives the index.

The Impact:

• A 10 dallor change in a $100 stock has the same index effect as a 1 dallar change in a $10 stock.

• Nvidia's potential inclusion could make it the third most valuable company in the index, after $Microsoft(MSFT)$ and $Apple(AAPL)$

Post-Split Insights:

• After the split, Nvidia is expected to be a top influencer in the $DJIA(.DJI)$ , with daily fluctuations comparable to $Boeing(BA)$ or $Amazon.com(AMZN)$ .

A Simpler View:

Think of the stock market like a party where the loudest talkers dominate the conversation. In the Dow Jones, that's the equivalent of stocks with the highest prices having the most say.