Technology giant NVIDIA Corporation NVDA enters 2025 celebrating several milestones, including record financial results, becoming the most valuable company and a member of the Dow Jones Industrial Average.
The company will celebrate its IPO anniversary on January 22nd. Now let’s take a look back at how much money the lucky and probably smart investors who bought Nvidia stock at the IPO would have made.
Invest $1,000 in Nvidia at IPO: Nvidia became one of the most valuable companies in the world in May 2023, breaking through the $1 trillion market cap level.
Since then, the company has continued to surpass the $2 trillion and $3 trillion market cap levels. As of this writing, Nvidia is the world’s most valuable company with a value of $3.589 trillion, just ahead of Apple ($3.339 trillion).
Back in 1999, Nvidia held its inaugural offering on January 22nd, at a price of $12 per share.
A $1,000 investment in the company would have bought 83.33 shares at the time.
Since its IPO, Nvidia has conducted several stock splits to increase the number of shares held by shareholders. The stock underwent a 2:1 split in 2000, 2001, and 2006, a 3:2 split in 2007, a 4:1 split in July 2021, and most recently a 10:1 split in June 2024.
The original 83.33 shares now total 39,998.4 shares after the stock split.
Your original $1,000 investment in Nvidia stock is now worth $5,862,965.47 based on the stock price of $146.58. This is a huge benefit for Nvidia IPO buyers who could potentially become millionaires over the years.
Take a look at Nvidia’s performance since its IPO in the Benzinga Pro chart below.
For comparison, I invested the same $1,000 in the SPDR S&P 500 ETF Trust. VSPYA stock that tracks the S&P 500 would have underperformed Nvidia.
A $1,000 investment in SPY stock would have bought 12.82 shares at the time, based on the adjusted price of $78.03 on January 22, 1999.
$1,000 invested in the SPDR S&P 500 ETF Trust would be worth $7,789.94 today.
Are you buying when the Magnificent 7 CEO is selling?
What Happened: As a leader in the space, Nvidia has been at the forefront of the AI revolution and growth, contributing to the stock’s rise over the past few years.
Since its founding in 1993, Nvidia has strived to be at the forefront of technological advancements to help advance new industries.
In 1999, the company invented the graphics processing unit, now commonly known as the GPU. GPUs have redefined the computer industry.
In 2012, Nvidia ushered in the modern era of AI with its AlexNet neural network, potentially showing that the company was ahead of the pack in terms of its belief in the capabilities of artificial intelligence.
In March 2024, the company announced Blackwell GPUs. This could help the company further disrupt the growth of artificial intelligence.
What’s next: Nvidia continues to garner praise from analysts as one of the best efforts in growing artificial intelligence.
The big question for investors today is whether Nvidia can continue to outperform the broader market and remain one of the top performing stocks.
Nvidia beat analysts’ expectations for both revenue and earnings per share in the third quarter. Nvidia CEO Jensen Huang emphasized the continued growth of AI and the company’s new products, which are expected to be in high demand.
“The era of AI is in full swing, driving the global transition to NVIDIA computing,” Huang said at the time.
Huang said countries have “waked up to the importance” of AI.
“AI is transforming every industry, company, and country. Businesses are deploying agent AI to revolutionize workflows. Breakthroughs in physical AI are driving a surge in investment in industrial robots. ”
President Donald Trump’s early emphasis on artificial intelligence could lead to a rise in Nvidia’s stock price over time. In 2017, Nvidia was the ninth-best performing S&P 500 stock during President Trump’s first year in the White House. Investors will be hoping that President Trump’s re-election will be positive for Nvidia and AI.
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This article was previously published and updated by Benzinga.
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