NVIDIA

• A blockchain token designed to track the price of NVIDIA Corporation (NASDAQ: NVDA).

• It is not a share. Holding the token does not confer ownership of the company, voting rights, or a direct claim against it.

• It offers fractional, round-the-clock price exposure without opening a foreign brokerage account. For the full process, see our guide on how to buy NVIDIA stock in India.

• Founded: 1993

• Headquarters: Santa Clara, California, United States

• CEO: Jensen Huang (co-founder)

• Listed on: Nasdaq (NVDA)

• Sector: Semiconductors (AI accelerators)

• NVIDIA designs the graphics processors and accelerators used for most large-scale AI training and inference.

• Its CUDA software ecosystem is a significant competitive moat, as most AI frameworks are optimised for it first.

• Data centre revenue now dwarfs its original gaming business.

• Data Center, selling AI accelerators, systems and networking, generates the vast majority of revenue.

• Gaming sells GeForce graphics cards.

• Professional Visualization and Automotive are smaller segments.

• You get price exposure to the underlying instrument.

• You do not get shareholder voting rights.

• Dividend or distribution treatment depends on the issuer's structure and is often not passed through.

• You take on issuer and custodian risk in addition to the price risk of the underlying.

Pros:

• It dominates AI accelerators.

• CUDA software creates high switching costs.

• Networking products add revenue per system.

Cons:

• Large customers are designing their own chips.

• Export controls restrict China sales.

• It relies on TSMC for manufacturing and packaging.

• Counterparty risk: if the issuer or custodian fails, the backing may not be recoverable.

• Tracking risk: the token price can diverge from the underlying, particularly outside US market hours when the underlying does not trade.

• Liquidity risk: on-chain liquidity is thinner than the underlying market, so spreads can widen sharply.

• Regulatory risk: India does not yet have a settled framework for tokenised equities, and tax treatment remains unclear.

• Price risk specific to the underlying instrument. For possible price paths, see our NVIDIA stock price prediction.