It's too late for investors who don't own Nvidia to benefit from the stock's past performance. In the nearly 25 years since then, Nvidia has delivered a positive return in the first quarter 20 times.

There's no denying the fact that Nvidia (NASDAQ: NVDA) has turned out to be a life-changing investment for anyone who bought shares of this chipmaker a decade ago. Investors who bought and held Nvidia stock for such a long time have been able to benefit from multiple catalysts,

Nvidia has completed back-to-back stock splits twice in the past. It executed stock splits in June 2000, and then in September 2001. And it launched a split in April 2006 and then another in September 2007. So, it's possible to split a stock more than once within a short time span, and Nvidia has shown that it's fine with doing that.