Always remember that investments can go down as well as up in value, so you could get back less than you put in. A rule of thumb is to hang on to your investments for at least five years to give them the best chance of providing the returns you want.

How to Buy NVIDIA (NVDA) Shares in the UK

Updated On: Feb 15, 2024
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How to Buy NVIDIA Shares UK

Contents:

If you’re considering diversifying your investment portfolio by exploring opportunities in advanced graphics processing and artificial intelligence computing, NVIDIA Corporation (NVDA) might just be the perfect stock for you. But how do you buy NVIDIA shares if you’re located in the UK? In this article, we’ll walk you through the process of buying NVIDIA shares, giving you insight into various investment techniques and the best time to buy.

How to Buy NVIDIA Shares in the UK

You can buy NVIDIA shares in the UK from reputable brokers such as eToro, Freetrade, and Interactive Investor. Depending on your budget, attitude to risk, and investment goals, there are several other ways to buy NVIDIA shares in the UK, including buying NVIDIA shares through a fractional share provider, mutual fund or ETF, investment trust, and even contracts for difference (CFDs).

Let’s delve into each method:

Featured Broker

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Invest in NVIDIA ($NVDA) Shares With 0% Commission!

  • Start investing with as little as $100 (£80).
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Capital at risk. Other fees apply.

1. Buying NVIDIA Shares Through a Broker

A common method to invest in NVIDIA shares is through a broker. A broker is a financial institution that allows you to buy and sell stocks on the stock market. The UK offers a variety of brokers, including traditional full-service brokers and online discount brokers.

To buy NVIDIA shares in the UK through a broker, you’ll need to:

  1. Create an account with a broker, such as eToro or Interactive Investor. Creating an account with a stockbroker is a straightforward process. It usually involves signing up via an online portal, providing personal information, like your name and address, and verifying your identity. It is important to research various brokers and compare their fees, trading platforms, and customer support before investing. Popular brokers for those looking to buy NVIDIA shares in the UK include eToro and Interactive Investor. Scroll down for a detailed review of each broker.

  2. Fund your account with GBP using your debit card or via bank transfer. Before you can buy NVIDIA shares, you’ll need to deposit money into your brokerage account. This can typically be done through a bank transfer or debit/credit card payment.

  3. Complete a W-8BEN form for tax purposes. As a UK investor, you’ll need to complete a W-8BEN form, which lets you claim a reduced rate of withholding tax on any US-sourced income, like dividends from NVIDIA shares. NVIDIA Corporation currently pays dividends to shareholders on a quarterly basis.

  4. Choose a tax wrapper, such as an ISA or a SIPP. Depending on your investment goals and personal circumstances, you may want to consider using a tax wrapper like a Stocks and Shares ISA or SIPP to invest in NVIDIA shares. These wrappers can help you save on taxes and maximise your investment returns.

  5. Research NVIDIA and other stocks. Before buying any stock, including NVIDIA stock, it is important to carry out thorough research. You’d want to consider factors such as market capitalisation, earnings reports, liquidity, technology and innovation, team, company performance and competition. More on these below.

  6. Buy NVIDIA shares with GBP using the broker’s web or mobile app. Once your account is funded, you can place an order to buy NVIDIA shares. This involves entering the stock name, NVIDIA, or the ticker symbol, $NVDA, and specifying the number of shares you want to buy or the amount you want to invest.

  7. Monitor and adjust your investments. After buying NVIDIA shares, monitor your investment and make adjustments as necessary. This could include setting up alerts for price changes or selling your shares if you need to free up cash.

When buying NVIDIA shares through a broker, it is important to be aware of any fees and charges associated with the investment. Brokers typically charge a commission for each trade, which can vary depending on the broker and the size of the trade.

Some brokers charge additional fees, like account maintenance fees, FX fees or inactivity fees, which can eat into your returns if you’re not careful. It is also worth considering the tax implications of buying NVIDIA shares, as you may be subject to Capital Gains Tax and Stamp Duty Reserve Tax.

2. Buying NVIDIA Shares Through a Fractional Share Provider

Investing in NVIDIA doesn’t always require buying a full share at a time. Fractional shares present a unique alternative for potential investors on a tight budget or those who prefer to invest smaller sums regularly.

For example, let’s assume NVIDIA’s share price is currently £250, but you only have £50 to invest. You can use a fractional share provider to buy one-fifth of a share of NVIDIA. Top fractional share providers in the UK include trading platforms such as eToro and Freetrade.

When buying fractional shares of NVIDIA, the steps are much like those of buying whole shares through a broker, with the key difference being that you’ll be specifying the amount of money you wish to invest or the proportion of a share you desire to own rather than the number of whole shares.

To buy fractional shares of NVIDIA in the UK, follow these steps:

  1. Choose a fractional share provider: Consider different providers, comparing their fees, investment options, and customer service. Some popular fractional share providers for UK investors looking to buy NVIDIA shares are eToro, Freetrade, and Moneybox. Scroll down for a detailed review of each fractional share provider.

  2. Open an account: As with full-share brokers, you’ll need to provide personal information, such as your name and address, and verify your identity to open an account.

  3. Complete a W-8BEN form: This form is a requirement for UK-based investors intending to buy shares of a US-based company like NVIDIA. It verifies your foreign status, ensuring that the correct tax amount is withheld from any dividends you might earn from your NVIDIA shares.

  4. Choose a tax wrapper:  Depending on your financial goals and personal circumstances, you might consider using a tax-efficient account like a Stocks and Shares ISA or SIPP when investing in NVIDIA fractional shares.

  5. Fund your account: You’ll need to add money to your account through a bank transfer or debit/credit card payment before you can buy NVIDIA shares.

  6. Place an order: Indicate the amount of money you wish to invest or the percentage of a share you’d like to own (e.g., £50 worth of NVIDIA shares).

  7. Monitor your investment: Keep a keen eye on your NVIDIA shares and make necessary adjustments, like setting up alerts for price changes or selling your shares if you need to free up cash.

Keep in mind that while most fractional share providers do not charge a commission for each trade, there can be other fees, such as FX fees, withdrawal fees, and platform fees. Always make sure you’re aware of these before you start investing.

3. Buying NVIDIA Shares Through a Mutual Fund or ETF

Another way to invest in NVIDIA shares is indirectly through a mutual fund or ETF. These funds pool money from multiple investors to purchase a variety of stocks or other assets, helping you achieve greater diversification while still gaining exposure to NVIDIA.

To invest in NVIDIA shares in the UK through a mutual fund or ETF, follow these steps:

  1. Choose a mutual fund or ETF: Research various mutual funds and ETFs that include NVIDIA in their holdings. Some popular UK mutual funds and ETFs that invest in NVIDIA include the L&G Global Technology Index Fund, the iShares NASDAQ 100 UCITS ETF (CNDX), and the VanEck Semiconductor ETF (SMGB).

  2. Open an account: Select a platform that gives you access to the mutual fund or ETF you’ve chosen. The best online investment platforms for buying mutual funds and ETFs that invest in NVIDIA shares in the UK are AJ Bell, Interactive Investor, and InvestEngine. Scroll down for a detailed review of each investment platform. You’ll need to provide some personal information and verify your identity to open an account.

  3. Choose a tax wrapper: Depending on your financial situation and investment goals, you may want to consider using a tax wrapper like a Stocks and Shares ISA or SIPP when investing in mutual funds or ETFs.

  4. Fund your account: Before you can invest in the mutual fund or ETF, you’ll need to deposit money into your account. This can typically be done through a bank transfer or debit/credit card payment.

  5. Invest in the mutual fund or ETF: Once your account is funded, you can invest in the mutual fund or ETF that holds NVIDIA shares. This involves specifying the amount of money you want to invest and the name or ticker symbol of the fund.

  6. Monitor your investment: After you’ve invested in the mutual fund or ETF, you’ll want to keep an eye on your investment and make any necessary adjustments. This could include checking the fund’s performance, monitoring any fees or expenses, or rebalancing your portfolio.

When investing in a mutual fund or ETF that holds NVIDIA shares, it is important to be aware of any fees and charges associated with the investment. Mutual funds and ETFs typically charge a fund management fee (expense ratio or ongoing charges figure (OCF)), which can vary depending on the fund and the size of your investment. Some funds may also charge additional fees, like transaction fees or redemption fees, which can impact your returns.

You can also buy NVIDIA shares in the UK by investing in an investment trust, which functions a bit like a mutual fund or ETF but with certain distinctions.

4. Buying NVIDIA Shares Through CFDs

Contracts for difference (CFDs) are financial derivatives that allow you to speculate on the price movement of NVIDIA shares without owning the underlying asset. This means that you can potentially profit whether the price of NVIDIA shares rises or falls, depending on whether you take a ‘long’ (buy) or ‘short’ (sell) position.

For instance, if NVIDIA shares are trading at £250 each, and you anticipate a price drop, you could ‘sell’ or ‘short’ 10 CFDs. If the share price decreases to £240, you could close your position, making a profit from the declining market.

It is important to remember that trading CFDs is complex and carries a high level of risk, so it may not be suitable for all investors.

Here are the steps to trade NVIDIA shares in the UK using CFDs:

  1. Choose a CFD broker: Research different CFD providers and compare their fees, trading platforms, and customer service. Some of the popular CFD providers for UK investors looking to trade NVIDIA share CFDs include eToro, XTB, and Pepperstone. Scroll down for a detailed review of each CFD provider.

  2. Open an account: As with other methods of buying NVIDIA shares, you’ll need to provide personal information and verify your identity to open an account.

  3. Fund your account: Deposit funds into your account through a bank transfer, debit/credit card payment, or potentially other methods, depending on the broker.

  4. Place an order: Decide whether to take a ‘long’ or ‘short’ position on NVIDIA shares, specifying the number of CFDs you want to trade. Some brokers may also allow you to set stop-loss and take-profit levels to manage your risk.

  5. Monitor your position: Regularly review your open positions and consider closing them if the market moves against you or if you achieve your profit target.

  6. Close your position: When you believe it’s the right time, close your CFD position to lock in your profits or limit your losses. In our short position example above, if NVIDIA’s share price falls to £240, you could close the position and profit from the difference (minus any fees or charges). However, if the market moves against your prediction, you could face losses.

CFD trading carries significant risks, and it is essential to fully understand these risks before you start trading. Also, profits from CFD trading are subject to Capital Gains Tax in the UK, but losses can be used to offset gains. Always make sure to use risk management tools like stop-loss orders to limit potential losses.

To sum up, buying NVIDIA shares in the UK can be achieved through several methods, including buying full shares, purchasing fractional shares, investing in mutual funds or ETFs, or speculating on price movements through CFDs. Each method has its advantages and disadvantages, so choosing the best one for you depends on your individual financial situation, investment goals, risk tolerance, and investing experience. It is always a good idea to conduct thorough research or seek advice from a financial advisor before making investment decisions.

Where to Buy NVIDIA Shares

We’ve compiled a list of the best places to buy NVIDIA shares in the UK. These are platforms for buying, selling and managing UK and overseas stocks and shares, exchange-traded funds (ETFs), exchange-traded commodities (ETCs), investment trusts (ITs), contracts for difference (CFDs), foreign exchange (forex), and other trading products.

Please keep in mind that when you trade, your capital is at risk. The fees below are not exhaustive–other fees apply. ISA, pension, and tax rules also apply.

‍Here are the best places to buy NVIDIA shares in the UK:

eToro - 0% Commission on real stocks; 4,500+ Instruments

eToro Logo
Annual Platform Fee
N/A
Dealing Fee
N/A
Regular Investor Fee
N/A
Instruments
4,500+
Stocks, Stock CFDs, Index CFDs, ETF CFDs, Forex, and Commodities.

Earn up to 5.3% annual interest on uninvested cash

eToro is a multi-asset trading platform that offers both investing in stocks and cryptoassets, as well as trading CFDs. With eToro, UK traders have real-time access to thousands of stocks, ETFs, indices, commodities, forex, cryptocurrencies, and NFTs from top exchanges worldwide. Catering to beginners and expert traders, eToro provides an impressive range of fundamental and technical analysis tools, including market news, economic data, social media trends, news sentiment trends, and advanced charting tools. ProCharts, a professional-grade technical analysis tool available on eToro, allows users to compare charts from different financial instruments and time frames. eToro also offers risk management tools, such as Stop Loss, Take Profit, and Trailing Stop Loss, to help you better manage your positions and protect your investments. Stop Loss and Take Profit are not guaranteed.

For customers who prefer ready-made investment portfolios, eToro has over 40 fully allocated, balanced investment portfolios, focusing on market segments you can understand and relate to. Some of the portfolios include MetaverseLife, BigTech, GoldWorldWide, Vaccine-Med, BitcoinWorldWide, Diabetes-Med, Driverless, and GigEconomy. These portfolios are a grouping of several assets, such as stocks, cryptocurrencies, ETFs, and even people, bundled together based on a predetermined theme or strategy. eToro also offers Copy Trading, a unique feature that allows everyday investors to copy the trades or investments of top-performing traders on the eToro platform. Anyone can copy trades on eToro; likewise, anyone can give others access to copy their trades. If you are an expert trader approved to participate in eToro’s Popular Investor Program, where others copy your trades, you will be eligible to receive monthly earnings.

It is entirely free to open an account with eToro, and all registered users receive a US$100,000 demo account for free, which you can use to practise trading until you become confident. Trading on eToro occurs in USD, so a currency conversion fee will apply if you deposit or withdraw in a currency other than USD. Withdrawals incur a fee of US$5 (£4), and the minimum withdrawal amount is US$30 (£24). For UK customers, eToro offers an eToro Money app that allows you to convert your GBP to USD free of charge, thereby reducing your foreign exchange costs. eToro does not offer an ISA or SIPP.

Please note: Your capital is at risk. 80 - 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Additionally, cryptoassets are high-risk investments, and you should not expect to be protected if something goes wrong. Tax on profits may apply. Copy Trading does not amount to investment advice. Other fees apply. For more information, visit eToro.

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Interactive Investor - One free trade per month; 40,000+ Instruments

Interactive Investor
Annual Platform Fee
£60 - £240
(£4.99 - £19.99/month)
Dealing Fee
£3.99
Regular Investor Fee
£0
Instruments
40,000+
Stocks, Bonds, Funds, ETFs, and Investment Trusts.

Earn up to 4.85% annual interest on uninvested cash

Interactive Investor is a subsidiary of wealth management giant Abrdn and the second-largest investment platform in the country. Also well known for its fixed monthly subscription fees (as opposed to annual percentage-based fees like most other investment platforms), Interactive Investor has been providing investment services and financial information to UK customers since 1995.

If you choose to invest with Interactive Investor, you will gain access to over 40,000 investment options, including UK and overseas shares, funds, investment trusts, and ETFs. This is the second-widest choice of UK and international investments offered by an investment platform in the UK. Interactive Investor allows you to build your portfolio in multiple ways depending on your investment goals, attitude to risk and personal preferences. Beginner investors or those who prefer ready-made investments can build their portfolios using Interactive Investor’s Quick-Start Funds, an easy way to start investing where you choose from six low-cost funds prepared by the team of experts at Interactive Investor. Advanced or more confident investors can choose from a wide range of funds and shares and build their portfolios themselves. Interactive Investor gives you access to 17 global stock exchanges, including exchanges in North America, Europe and Asia Pacific. These include markets such as the FTSE 100, FTSE 250, FTSE All-Share, S&P 500, NASDAQ, NYSE, Dow Jones and more. In addition to the above, Interactive Investor offers Japanese, Indian and Chinese shares in the form of American Depositary Receipts (ADRs).

Interactive Investor gives you a free trade every month, which you can use to buy or sell any investment. After that, trades usually cost £3.99. For those investing £50,000 or less, you can sign up for the cheapest plan (Investor Essentials), which costs only £4.99 a month but does not come with the monthly free trade. The platform also offers a free regular investing service that allows you to deposit as little as £25 a month towards your investments without paying a trading fee each time, irrespective of the plan you choose. Interactive Investor also has lots of expert ideas, research and insights, which can be helpful when selecting investments. Interactive Investor’s suite of products includes a Trading Account, Stocks and Shares ISA, SIPP and Junior ISA.

Capital at risk.

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InvestEngine - Low cost; 500+ Commission-free ETFs

InvestEngine Logo
Annual Platform Fee
0% - 0.25%
Dealing Fee
£0
Regular Investor Fee
£0
Instruments
500+
ETFs.

InvestEngine is a low-cost ETF investment platform that provides a choice of managed portfolios tailored to you and commission-free DIY investing to help you build long-term wealth. Users can invest in over 500 exchange-traded funds (ETFs) from leading global asset managers.

With InvestEngine, you can invest in two ways depending on your tolerance for risk and savviness as an investor: beginner investors or those who prefer a ready-made investment portfolio can select from one of the managed portfolios on offer, where the team of experts at InvestEngine will take care of the day-to-day investment decisions for you. These portfolios are a selection of ETFs based on your preferences and risk tolerance. Once you’ve selected one, you do not have to do anything else besides monitor the performance of your investments. Advanced or more confident investors can choose from 500+ commission-free ETFs and build their portfolios themselves. InvestEngine also offers fractional investing, which allows you to buy bits and pieces of an ETF with as little as £1. This enhances your ability to build a diversified portfolio even if you have a small amount of money to invest. With the DIY Portfolio, there are no platform fees. However, the managed portfolios attract a fee of 0.25% per year. All InvestEngine portfolios are free of set-up fees, dealing fees, ISA subscription fees or withdrawal fees.

InvestEngine stands out amongst its competitors as one of the cheapest trading platforms in the UK because it charges no platform or management fees on its DIY Portfolio and just 0.25% a year on its managed portfolio. You can also start investing with as little as £100. InvestEngine’s suite of products includes a Stocks and Shares ISA, Personal Account and Business Account.

Capital at risk.

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Freetrade - Low cost; Commission-free trading; 6,500+ Instruments

Freetrade
Annual Platform Fee
£0
Dealing Fee
£0
(+0.99% FX fee on US stocks)
Regular Investor Fee
£0
Instruments
6,500+
Stocks, ETFs, and Investment Trusts.

Freetrade is a mobile trading app that gives you access to thousands of UK and overseas stocks, ETFs, REITs, and investment trusts covering different sectors and markets worldwide. The Freetrade app can be accessed on iOS, Android and desktop devices and offers a slick and easy-to-use user interface and experience. The app is a great choice for both beginners and experienced investors.

With Freetrade, you can invest in fractional shares of even the most expensive US shares with as little as £2. Depositing, trading and withdrawing on Freetrade are commission-free (other charges may apply). FX rates apply to US stocks at the spot rate + 0.99%. To get the most out of Freetrade, you can choose from three subscription plans. The Basic Plan costs £0.00 per month and allows you to open a General Investment Account (GIA) and trade commission-free. The Standard Plan costs £5.99 per month and allows you to open a Stocks and Shares ISA in addition to your GIA. With the Plus Plan at £11.99 a month, you get a Self-Invested Personal Pension (SIPP) and a Stocks and Shares ISA in addition to your GIA. Dealing on Freetrade is commission-free, irrespective of the subscription plan you choose. Freetrade’s suite of products includes a Stocks and Shares ISA, General Investment Account (GIA) and SIPP.

Special offer: Get a free share worth £10 when you join Freetrade and fund your account with at least £50.

Please note: When you invest, your capital is at risk. The value of your investments can go down as well as up, and you may get back less than you invest. ISA rules apply. SIPP eligibility and tax rules apply. Free share terms and conditions apply.

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Moneybox - 0% Commission on US stocks; Good for beginners

Moneybox
Annual Platform Fee
0.45%
(+ £1/month subscription fee)
Dealing Fee
£0
(+ 0.45% FX fee on US Stocks)

Regular Investor Fee
£0
Instruments
Stocks, Funds, and ETFs.

Moneybox is a UK investment app that allows you to invest in a range of tracker funds, exchange-traded funds (ETFs), exchange-traded commodities (ETCs) and US stocks. Moneybox offers two forms of investing depending on your investing savviness, investing strategy and attitude to risk. Beginner investors or those who prefer a ready-made portfolio can choose from the three ready-made portfolios on offer - Cautious (lower risk), Balanced (medium risk) and Adventurous (higher risk). Advanced or more confident investors can pick from the range of tracker funds, ETFs, ETCs and US stocks available and build their portfolios themselves.

The Moneybox app also empowers you to invest your spare change by rounding up your card transactions to the nearest pound and investing the difference on your behalf. For example, if you spend £2.30 on a snack, Moneybox will invest 70p for you. You can also instruct the app to make weekly or one-off deposits into your investment portfolio as it rounds up your spare change.

You can start investing with Moneybox with as little as £1. Moneybox offers commission-free trading on US stocks. However, fund management fees apply to other types of investments, ranging from 0.12% to 0.61% per annum. A currency conversion fee of 0.45% also applies to US stocks. Moneybox also charges an annual platform fee of 0.45% and a monthly subscription fee of £1 (you get the first three months free). Moneybox’s suite of products includes a Stocks and Shares ISA, Lifetime ISA, Junior ISA, Personal Pension, and General Investment Account.

Capital at risk.

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XTB - 0% Commission on real stocks and ETFs; 5,600+ Instruments

XTB logo
Annual Platform Fee
£0
Dealing Fee
£0
Regular Investor Fee
£0
Instruments
5,600+
Stocks, ETFs, Stock CFDs, Index CFDs, ETF CFDs, Forex, and Commodities.

Earn up to 4.9% annual interest on uninvested cash

XTB is a user-friendly, fully-customisable European trading platform renowned for its extensive CFD and forex trading offerings. XTB provides traders instant access to hundreds of global markets and over 5,600 instruments, including UK and overseas stocks and shares, ETFs, forex, indices, commodities, stock CFDs, and ETF CFDs.

XTB is good for beginners and even better for experts. Beginners can take advantage of XTB’s Passive Investment Plan designed for long-term investing. This plan allows you to build a portfolio of ETFs, set up recurring deposits so you invest regularly while taking advantage of pound-cost averaging, and invest fractionally so you can afford even the most expensive ETFs with as little as £15. Expert or advanced traders and investors have two choices of software when trading with XTB. You can access the in-house trading software, xStation, and MetaTrader 4 (MT4). xStation by XTB is a powerful trading software available on iOS, Android, and desktop devices suitable for beginners and advanced traders. The xStation trading software provides comprehensive charting and risk management tools. With the inbuilt trading calculator, you can easily estimate costs, profits or losses before opening a position, modify stop loss and take profit orders directly on the chart or close all positions with a click of a button. XTB also provides an extensive library of educational materials, including videos, webinars, and courses suitable for beginners and experienced traders. When you sign up, you will have access to a dedicated account officer who will work with you to help you better understand your needs and how XTB operates.

It is free to open a trading account with XTB, and all users have access to a free demo account with £100,000 of virtual funds that you can use to practise trading and investing until you become confident enough to use real money. Deposits in GBP and EUR are free of charge, but withdrawals below £60 have a £12 processing fee. Real stock trading is commission-free for monthly turnover up to €100,000 (£85,000). Transactions above this limit will attract a commission of 0.2% (minimum €10 (£8.50). If you invest in foreign stocks and ETFs, a 0.5% currency conversion fee may apply. Stock and ETF CFD trading are also commission-free. Other fees apply. XTB does not offer an ISA or SIPP.

Please note: Contracts for Difference (CFDs) are leveraged products and carry a significant risk of loss to your capital, as prices may move rapidly against you, and you may be required to make further payments to keep any trades open. Between 74 and 89% of retail investor accounts lose money when trading CFDs. These products are not suitable for all clients. Therefore, please ensure you fully understand the risks and seek independent advice.

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AJ Bell - Mid-price range; Lots of research; 15,000+ Instruments

AJ Bell Logo
Annual Platform Fee
0.25%
(max £3.50 per month)
Dealing Fee (Online)
£9.95 - £4.95
Regular Investor Fee (Online)
£1.50 per deal
Instruments
15,000+
Stocks, Bonds, Funds, ETFs, Investment Trusts, and Warrants.

AJ Bell is one of the UK’s largest online investment platforms, and its mission is to make investing as easy as possible for anyone. The platform offers thousands of investment options for the DIY investor, including shares, funds, bonds, investment trusts, ETFs, ETCs, and warrants.

There are multiple ways to get started with AJ Bell, depending on your risk tolerance and investing savviness. Beginner investors or those who prefer to choose a ready-made investment portfolio can get a little, or a lot, of help from AJ Bell’s specialists by selecting one of the investment ideas on offer. Investment ideas are diversified ready-made baskets of investments that you can select based on your personal preference and attitude to risk. There are eight total investment ideas, each built by a specialist team, and you can pick the right one for you depending on whether you are seeking to simply grow your money over time or receive an income whilst still growing your money. Expert investors can take advantage of the stock and fund screeners and complex instruments available on AJ Bell and build their portfolios themselves.

AJ Bell charges an annual platform fee ranging from 0.25% to 0%, depending on the size of your portfolio. Dealing fees for buying and selling investments online are £1.50 for funds and £9.95 for shares (reducing to £4.95 if there were 10 or more online share deals in the previous month). AJ Bell’s products include a Share Dealing Account, Stocks and Shares ISA, Junior Stocks and Shares ISA, Lifetime ISA, SIPP and Junior SIPP.

Capital at risk.

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NVIDIA Share Price

As of February 2024, a single share of NVIDIA Corporation (NASDAQ: NVDA) is valued at approximately $737 (£587).

The share price reflects the market’s perception of NVIDIA’s value and can fluctuate based on various factors such as company performance, industry trends, economic conditions, and investor sentiment.

To stay updated on the current NVIDIA share price, you can check financial news websites and brokerage platforms or utilise stock market analysis tools, such as TradingView. These sources provide real-time or delayed pricing information, historical charts, and other relevant data to help you make informed investment decisions.

It is important to note that share prices are subject to market volatility and can experience significant fluctuations over time. While a higher share price might indicate positive market sentiment, it doesn’t necessarily guarantee future gains. It is crucial to evaluate other factors, such as the company’s financial health, competitive position, and growth prospects, to form a comprehensive assessment of NVIDIA’s investment potential.

Before making any investment decisions based on the share price, consider your investment goals, risk tolerance, and time horizon. It is often advisable to take a long-term perspective when investing in stocks like NVIDIA, as short-term price movements can be influenced by market noise and speculation.

Remember, the share price alone does not provide a complete picture of an investment’s value. Conduct thorough research, analyse the company’s fundamentals, and consider seeking advice from a financial adviser to make well-informed investment choices based on your individual circumstances and goals.

Should I Buy NVIDIA Stock?

The question of whether to buy NVIDIA shares comes down to your confidence in the company’s financial performance and its comprehensive and innovative product suite.

As of February 2024, NVIDIA, with a market capitalisation surpassing $1.83 trillion, commands a prominent position in the world of technology. Its pioneering role in GPU technologies, substantial contributions to artificial intelligence (AI), significant penetration in the gaming industry, and the proliferation of data centres all add to its potential as a promising investment. However, it remains crucial to conduct extensive personal research and consider your investment objectives before making a decision.

Let’s explore the reasons why NVIDIA might be a fitting choice for your portfolio:

  1. GPU Technology: NVIDIA is a leading player in graphics processing units (GPUs), which are vital for gaming, professional visualisation, data centres, and automotive markets. In fiscal 2023, the data centre segment, which includes GPUs for servers and cloud services, brought in over $15.01 billion in revenue, up 41% from the previous year. NVIDIA’s GPUs are considered the industry standard in the graphics and visual computing industry, holding a massive 80% share of the discrete GPU market. The surge in gaming and work-from-home trends due to the COVID-19 pandemic has further stimulated NVIDIA’s GPU sales.

  2. Artificial Intelligence: NVIDIA invests heavily in artificial intelligence (AI) technologies. Their hardware and software are fundamental in AI research and deployment, driving advancements in areas like autonomous driving, healthcare, and robotics. NVIDIA’s AI platform has a broad range of applications, from improving supply chain management to enhancing medical imaging, suggesting promising future growth.

  3. Data Centres: NVIDIA’s data centre business has been thriving. As previously mentioned, revenue reached $15.01 billion in the 2023 fiscal year, up 41% from the previous year. With the increasing demand for cloud computing services and data analysis, NVIDIA’s data centre solutions present significant growth opportunities.

  4. Gaming Industry: NVIDIA’s GPUs are popular among gamers, powering high-performance gaming PCs and consoles. Their gaming segment generated revenue of $9.07 billion in fiscal 2023, down 27% from the previous year. In a February 2023 press release, Jensen Huang, founder and CEO of NVIDIA, noted that the Gaming industry is recovering from the post-pandemic downturn, with gamers enthusiastically embracing the new Ada architecture GPUs with AI neural rendering.

  5. Strong Financials: NVIDIA boasts a robust balance sheet, with considerable cash reserves and manageable debt levels. The company’s revenue and earnings have seen consistent growth, with revenue of $26.97 billion and operating income of $4.22 billion in fiscal 2023. This financial stability and growth potential make NVIDIA an appealing investment opportunity for many investors.

Despite these strengths, NVIDIA reported GAAP earnings per diluted share were $1.74, down 55% from a year ago. Non-GAAP earnings per diluted share were $3.34, down 25% from a year ago. These declines are attributed to increased research and development costs and supply chain disruptions caused by the global chip shortage.

Overall, NVIDIA’s leadership in GPU technologies, AI, data centres, and the gaming industry, coupled with its strong financials, presents a compelling investment opportunity for investors seeking long-term growth and innovation. However, like any investment, it is essential to carefully evaluate the risks and potential returns before making a decision.

When conducting your own research, the best places to find data on NVIDIA include NVIDIA’s investor relations website, news sites such as CNBC and Financial Times, and charting and trading websites such as TradingView and Investors Business Daily’s MarketSmith.

Risks of Investing in NVIDIA:

While the benefits of investing in NVIDIA are compelling, it is equally crucial to remember the associated risks. These include competition in the tech industry, regulatory risks, dependence on key segments, and economic conditions.

Let’s examine these risks:

  1. Competition: The tech industry is fiercely competitive, with formidable players like AMD, Intel, and Qualcomm. NVIDIA faces intense competition in its operational sectors. For instance, in the GPU segment, AMD is a significant competitor. If NVIDIA fails to innovate and keep up with the rapid changes in the tech landscape, it could potentially lose market share.

  2. Regulatory Risks: As a global tech company, NVIDIA must navigate a complex network of regulations and laws across different jurisdictions. These include data privacy laws, antitrust regulations, and cybersecurity rules. Any changes in these regulations or non-compliance could lead to legal issues, fines, or damage to NVIDIA’s reputation.

  3. Dependence on Key Segments: NVIDIA, despite its diversified operations, still relies heavily on certain segments. For instance, its gaming and data centre products significantly contribute to NVIDIA’s revenue. Any disruptions in these segments, whether due to competition, technological changes, or other factors, could potentially impact the company’s financial performance.

  4. Technological Changes and Innovations: The tech industry is characterised by rapid and frequent changes and innovations. Companies that fail to keep pace with these changes can quickly become obsolete. Therefore, NVIDIA’s success largely depends on its ability to anticipate and adapt to these changes, invest in R&D, and introduce new products and services.

  5. Economic Conditions: NVIDIA’s performance is also influenced by global economic conditions. Economic downturns or uncertainties can lead to reduced spending on tech products and services, which could impact NVIDIA’s revenue and profitability. Furthermore, since NVIDIA operates globally, it’s exposed to risks associated with foreign currency exchange rates.

  6. Cybersecurity Risks: As a tech company, NVIDIA is a potential target for cyberattacks, which could lead to data breaches, service disruptions, and significant financial and reputational damage. While the company invests heavily in security measures, the risk cannot be entirely eliminated.

Remember, it is important to consider these potential risks alongside the potential benefits when making investment decisions. Conducting thorough research and understanding your personal risk tolerance is crucial.

Factors to Consider When Buying NVIDIA Shares

When considering whether to invest in NVIDIA shares, it is essential to assess various factors and evaluate their potential impact on your investment. While conducting thorough research and seeking regulated financial advice is recommended, let’s explore some key points to consider when buying NVIDIA shares:

  1. Company Performance and Growth Prospects: NVIDIA has exhibited strong financial performance in recent years, with steady revenue growth and increasing profitability. For example, in its most recent quarter, the company reported a revenue increase of 19% compared to the previous year. Additionally, NVIDIA’s expansion into emerging sectors like artificial intelligence and autonomous vehicles presents promising growth opportunities.

  2. Industry Trends and Market Demand: The technology sector is witnessing rapid growth, fuelled by trends such as the proliferation of artificial intelligence and the demand for high-performance computing. NVIDIA’s leadership in graphics processing units (GPUs) positions it well to benefit from these trends. For instance, the increasing demand for GPUs in data centres for AI training and inference is expected to drive NVIDIA’s growth in the coming years.

  3. Competitive Landscape: NVIDIA faces competition from other prominent players in the industry, such as AMD and Intel. However, NVIDIA has established a strong market position and differentiated itself through its advanced GPU technology. The company’s GPUs have become the preferred choice for applications like gaming, professional visualisation, and AI. NVIDIA’s dominance is exemplified by its GPUs being widely adopted in the gaming industry, powering popular titles and virtual reality experiences.

  4. Risk Factors: As with any investment, there are risks to consider. For example, regulatory changes or legal disputes could impact NVIDIA’s operations. Additionally, shifts in technology trends or the emergence of new competitors could disrupt the market dynamics. Evaluating these risks and monitoring their potential impact on NVIDIA’s business is crucial.

  5. Valuation: Assessing NVIDIA’s valuation relative to its peers and industry benchmarks is important. A high valuation might indicate high market expectations for the company’s future growth. Conversely, a lower valuation might suggest an opportunity to acquire the stock at a potentially attractive price. Comparing NVIDIA’s valuation metrics, such as the P/E ratio, P/S ratio, and P/B ratio, with industry averages and historical trends can provide insights into its relative value.

Cheapest Way to Buy NVIDIA Stock

The cheapest way to buy NVIDIA stock is through a commission-free fractional share broker such as eToro, Freetrade, or Moneybox. These brokers allow investors to purchase fractional shares of NVIDIA stock, making it more affordable than buying full shares. Additionally, they do not charge a trading fee each time you buy or sell a share, making your transactions cost-efficient.

Another budget-friendly method to gain exposure to NVIDIA’s stock is through mutual funds and exchange-traded funds (ETFs) that invest in the company. These funds typically have lower fees and expenses than actively-managed funds, thereby providing cost savings to investors. For instance, the VanEck Semiconductor ETF (SMGB) includes NVIDIA among its holdings, along with other prominent companies in the semiconductor sector.

While contracts for difference (CFDs) might seem cheaper in terms of upfront costs, they can end up being more expensive in the long run due to higher fees and leverage costs. As with any investment, it’s crucial to consider the real cost of investing in NVIDIA shares, which will depend on various factors such as the size of your investment, how frequently you trade, and the fees and charges associated with different investment options. By carefully evaluating your options and seeking cost-effective strategies, you can enhance your returns while reducing your costs.

Is it Worth Buying One Share of NVIDIA?

As a new investor, you might be wondering if it’s worth buying one share of NVIDIA. The answer to this question largely depends on your investment objectives, risk tolerance, and overall financial situation.

On one side of the equation, owning a single share of NVIDIA can be an exciting way to partake in the growth potential of one of the world’s foremost technology companies. NVIDIA has historically performed well in the stock market, and the company is widely recognised for its innovations and stability in the semiconductor and artificial intelligence sectors.

However, purchasing a single share of NVIDIA may not be the most cost-effective strategy for investing in the stock market. The current market price for a single share of NVIDIA might be prohibitive for some investors, and you could encounter high commissions and fees for a small investment.

If you’re intrigued by the prospect of investing in NVIDIA but are hesitant to buy a full share, fractional shares or exchange-traded funds (ETFs) that include NVIDIA might be a more appealing option. These investment vehicles allow you to invest in NVIDIA with a smaller financial commitment and may offer lower fees and expenses compared to buying individual shares.

Ultimately, the worth of buying a single share of NVIDIA is subjective and depends on your individual investment goals and risk tolerance. It’s always wise to consult with a financial adviser and conduct thorough research before making any investment decisions.

What Happens if I Buy NVIDIA Stock Today?

If you buy NVIDIA stock today, you’ll become a shareholder in the company and stand a chance to benefit from its growth and profitability over time. As a shareholder, you’re entitled to vote on certain company matters, and you may also receive dividends should the company decide to distribute them.

Investing in the stock market is always associated with some level of risk, and the price of NVIDIA’s shares can be influenced by various factors, including market conditions, the company’s performance, and investor sentiment. This implies that there’s a risk of losing money if the share price declines.

Nevertheless, if NVIDIA continues its upward trajectory and growth over time, your investment in the company might appreciate in value, thus offering a return on your investment. Carefully monitoring market conditions and staying informed about the company’s performance enables you to make informed decisions regarding when to buy and sell NVIDIA stock, potentially maximising your returns over time.

For example, keeping track of NVIDIA’s advancements in AI, GPU development, and its strategic partnerships can provide insights into the company’s growth trajectory. NVIDIA’s acquisition of companies like Arm and Mellanox, the success of its products, such as GeForce GPUs and CUDA software, and its expanding presence in the data centre market are all indicators of the company’s strong performance.

Best Time to Buy NVIDIA Stock

Determining the best time to buy NVIDIA stock can be complex, given the many factors that can influence its price. Nonetheless, certain strategies can guide you in making well-informed investment decisions when considering the ideal time to purchase NVIDIA stock.

Here are three strategies to help you discern the best time to buy NVIDIA stock:

  1. Utilise pound-cost averaging: This strategy involves investing a fixed amount of money at regular intervals. This approach can mitigate the impact of market volatility. By consistently investing, you purchase more shares when the stock price is low and fewer when the price is high, resulting in a lower average cost per share over time. For example, you could decide to invest £100 in NVIDIA stock every month, irrespective of the current stock price.

  2. Focus on long-term growth potential: Instead of attempting to time the market, concentrate on NVIDIA’s long-term growth potential. Carefully analyse its financial performance, market trends, and capacity for innovation. For instance, if NVIDIA is heavily investing in AI or making significant advancements in GPU technology, it could suggest a favourable time to invest. Also, pay attention to critical announcements like earnings reports or strategic initiatives by the company.

  3. Monitor market trends: Keeping abreast of market trends can provide insights into the best time to invest in NVIDIA stock. For instance, if the technology sector, particularly the AI and data centre markets, is experiencing substantial growth or if NVIDIA is gaining a competitive edge through its innovative offerings, it might be a favourable time to invest. Conversely, if there are challenges or downturns in the tech industry, it might be wise to wait for a more opportune moment.

Ultimately, the best time to buy NVIDIA stock will depend on your individual financial goals and risk tolerance. By carefully assessing your options and staying informed about market conditions, you can make informed decisions about when to invest in NVIDIA stock and potentially enhance your long-term returns.

Whether you choose to utilise pound-cost averaging, focus on long-term growth potential, or adopt a different strategy, it is crucial to remain patient and committed to your chosen investment approach.

What’s the Minimum Number of NVIDIA Shares I Can Buy?

The minimum number of NVIDIA shares you can buy depends on the brokerage platform you decide to use. Some brokers might require the purchase of at least one full share, which, as of February 2024, could cost over £200.

However, certain brokers offer the option to buy fractional shares, allowing you to purchase a smaller portion of a share instead of a whole one. This means investors can own a piece of a company like NVIDIA with less capital than would be needed to buy a full share. For instance, if NVIDIA’s share price stands at £200 and you have £50 to invest, you could utilise a fractional share brokerage platform to acquire 0.25 shares of NVIDIA. In this scenario, you’d own one-quarter of an NVIDIA share, and your investment would be worth £50 based on the current share price.

Investing in fractional shares can be a beneficial strategy for those investors interested in owning shares in high-valued companies like NVIDIA but might not have the capital to acquire a full share. Nevertheless, it’s worth noting that some brokers might impose fees for fractional share purchases or may only offer the option for specific stocks or ETFs. It’s crucial, therefore, to thoroughly research the fees and terms of any broker before deciding to use their platform for fractional share investing.

Examples of commission-free fractional share brokers in the UK are eToro, Freetrade, and Moneybox. All three platforms allow you to buy small fractions of NVIDIA shares with as little as £10.

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