So does this mean I have to own it on June 21 to get the split? And it trades at the new split price July 20? So what if you buy it June 22, are you paying ~$700 for it to trade at the new price July 20 of ~$175 and not eligible for the split? Trading is expected to begin on a stock split-adjusted basis on July 20." "If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Reserve stock is being kept to fulfill any RMA requests, while warranties will still be honored by the company as long as they're valid for.So here is the wording on NVDA on their press release It's difficult to see how both can be true, with the company now likely in search of a whole new purpose, as it continues to produce power supplies and various other PC accessories.ĮVGA will continue to sell its remaining 30-series stock, which it believes will run out by the end of 2022. Han has made it clear that there are no plans to sell the company and no plans to manufacture GPUs for AMD or Intel but claims that job losses will be minimal. With 250 employees, many people are dependent on EVGA continuing business, but without GPU manufacturing it has lost 80% of its total revenue stream. That leaves the company in a strange position, however.
Speaking further to Han, the publication also learned that the CEO wants to spend more time with his family and feels that the way Nvidia conducts business is no longer worth the time he must spend away from them.
This occurred during the 20-series and the current 30-series, with the recent cryptocurrency crash and eradication of Ethereum mining contributing to the issue even more. Gamers Nexus presented some counter arguments to some of the claims, stating that EVGA has also established a pattern of producing more stock than it can sell, leading to losses when a new generation is being prepared for launch. This has resulted in some massive losses for EVGA, with Han stating that RTX 3080 and higher GPUs lost the company hundreds of dollars with each sale. Furthermore, Han was critical of how Nvidia routinely undercuts its own partners with its Founders Edition cards, which offer identical products at discount prices that partners are barred from matching.
0 kommentar(er)
