How To Invest In NVIDIA Stock From India?

NVIDIA (ticker: NVDA) is a US-based company that manufactures GPUs and chipsets for mobiles, computers, TVs and consoles. The company is a popular name in the gaming industry because of the robust GPUs. 

That’s not all. NVIDIA has also developed an API called CUDA for large scale parallel programming with GPUs. This diverse and popular set of offerings have made NVIDIA and the NVDA stock much sought after. 

Currently, NVDA has a bigger market cap than companies like Walmart, Mastercard, Exxon Mobil, Coca-Cola, and others. In this blog, we’ll help you find out how to buy NVDA stock from India. 

Important: Please consult a wealth coach or financial advisor before investing in any US stock.

When Did NVIDIA Go Public?

NVIDIA went public through an IPO on January 22nd, 1999. The IPO price was set at $12 per share. For context, NVDA is trading at $649.78 per share, 98% higher than its IPO price.  

The growth of NVIDIA was driven by a strong business model of tapping into an emerging market (high-end gaming) along with constant innovation and new products like Nvidia GeForce. 

NVIDIA’s offerings, particularly high-end GPUs, allow them to generate high margins. As a result, the GPU giant has access to a relatively high cash flow, part of which it redistributes in the form of dividends.

The NVIDIA stock has split four times since it began trading. Simply put, a stock split allows companies to issue more shares to existing investors. It’s a sign of higher valuations and growth. 

For example, a 4 for 1 stock split would give each shareholder 4x the shares they hold. If Mr Cube holds 4 shares of NVDA, he’ll have 16 shares after a 4 for 1 stock split.   

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The Fundamentals Of NVIDIA Stock (NVDA)

1. Stock Name: NVIDIA Corporation (NVDA)

2. Share Price: $649.78*

3. Market Cap: $404.813 Billion

4. Beta: 1.37

5. P/E Ratio: 76.81

6. EPS: 8.46

7. 52 Week Low: $346.32

8. 52 Week High: $651.10

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Historical Performance Of NVIDIA Stock (NVDA)

Benefits Of NVIDIA Stock (NVDA)

1. NVIDIA registered an all-time high revenue of $5.66 billion in Q1 FY2022. That’s a growth of 84% year over year.  

2. The gaming industry catalysed NVIDIA’s growth in Q1 FY2022 as it generated $2.76 billion in revenue, 106% more year over year. 

3. NVIDIA’s data centre revenue also shot up by 79% to $2.05 billion. 

4. NVDA stock pays dividends - NVIDIA distributed $99 million in dividends in Q1 FY2022.

5. NVIDIA has launched a new range of GPUs like GeForce RTX™ 3060 Laptop GPU systems in order to integrate with a wider range of laptops and other products like NVIDIA Reflex that reduce latency. 

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Cons Of NVIDIA Stock (NVDA)

1. NVIDIA is the leader in the fabless chips space but faces competition from companies like Qualcomm and Monolithic Power Systems. 

2. There’s a global chip shortage, a vacuum that even companies like NVIDIA and Intel are unable to fulfil. 

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How To Invest In NVIDIA Stock (NVDA) From India Using Cube Wealth?

The Cube Wealth app makes it super simple for you to buy NVIDIA Stock (NVDA) from India. You can invest as low as $1 in US shares using Cube Wealth. 

Furthermore, Cube helps you open a US brokerage account with Cube’s partner, DriveWealth. Here’s how you can buy US stocks from India using Cube Wealth:

1. Yourself

• Download Cube Wealth
• Complete the KYC process
• Go through LRS formalities 
• Select NVIDIA Stock (NVDA)
• Invest as little as $1
  

2. With advice

• Download Cube Wealth
• Complete the KYC process
• Go through LRS formalities 
• Get buying advice 
• Invest as little as $1
• Get selling advice 
  

Cube gives you access to top-quality US stock advice from Registered Investment Advisor (RIA) Rick Holbrook. Rick has over 40 years of experience with US equities and manages ~$130 million for HNIs.

Download the Cube Wealth app for free

Watch this video to know more about buying US stocks using Cube Wealth

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FAQs

1. Can I buy Nvidia stock in India?

Yes, it is possible to buy NVIDIA stock from India using a reliable app like Cube Wealth for as low as $1. You can either invest in NVDA stock on your own or get advice from RIA Rick Holbrook to understand if it could fit in your portfolio. 

2. What does Nvidia stand for?

The co-founders of NVIDIA originally had no name for the company. 

They gave the saved files a name, however, called NV (Next Version). Eventually, they came across “Invidia” (envy in Latin) after searching for all words with the letters NV in them and then settled for the name NVIDIA.  

3. Does Nvidia company pay dividends?

Yes, NVIDIA (ticker: NVDA) pays dividends to its shareholders. It paid approximately $99 million in dividends in Q1 FY2022. You can buy dividend-paying stocks like NVDA for as low as $1 using Cube Wealth. 

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