the logo of technology company nvidia is seen at its headquarters in santa clara california february 11 2015 reutersrobert galbraithfile photo may 21 reuters  nvidia corp nvdao on friday announced a fourforone stock split as it looks to make its stock less expensive for investors sending the chipmakers shares up 3 the companys stock which was last up at over 600 in premarket trading has gained nearly 12 this year after its value more than doubled in 2020 stock splits can potentially attract retail investors who make small trades however as brokerages increasingly allow customers to buy parts of shares the benefit of share splits appears to have diluted over time apple aaplo split its stock 4for1 while electric carmaker tesla tslao split its stock 5for1 last year with both companies saying they aimed to make their shares more affordable to individual investors santa clara californiabased nvidia said stock holders of record on july 21 would receive dividend of three additional shares after the close of trading on july 19 with the stock trading on a splitadjusted basis beginning july 20 the announced split will require stockholder approval at the companys annual meeting in june