Does NVIDIA pay dividends?

Yes, NVIDIA currently pays a dividend of $0.01 per share, which equates to a dividend yield of 0.03%. One reason for NVIDIA's very small dividend is that, like many growth stocks, the company uses its earnings to reinvest in future growth.

How do I buy NVIDIA stock in Canadian dollars?

Canadian Depository Receipts (CDRs) allow you to purchase foreign stocks in Canadian dollars, so you don’t have to worry about making a foreign currency exchange. You can buy NVIDIA CDRs through your online brokerage. The ticker should look something like this: NVIDIA CDR (CAD HEDGED). Another option is to use a technique known as Norbert’s Gambit, which enables you to avoid the currency spread that online brokerages charge.

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How to buy NVIDIA stock

How to Buy Nvidia Stock in Canada (or should you sell?)

Noel Moffatt Writer

Colin Graves Freelance Writer

Fact checked by Tyler Wade

Updated Mar 31, 2025

Thinking about buying or selling Nvidia stock? With the AI boom powering massive growth—and a recent dip shaking investor confidence — now’s the time to get smart about NVDA. Learn how to trade it in Canada, what’s driving the stock, and whether it still belongs in your portfolio. ... Read more

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Thinking about investing in Nvidia stock? Smart move.

Whether you're all-in on AI or just looking to add some tech firepower to your portfolio, Nvidia (NASDAQ: NVDA) has been an absolute beast in the market.

Let’s break down how you can get your hands on some Nvidia shares in Canada in this step by step guide.

1. Growth potential: Nvidia is at the forefront of the AI revolution, with its GPUs powering everything from cloud computing to self-driving cars. The company's stronghold in AI, gaming, and data centers makes it a compelling long-term investment. Recent earnings reports show massive revenue growth driven by AI adoption

2. Risks: While Nvidia is leading the AI race, high valuations, stock buybacks, and increased competition (from AMD, Intel, and custom AI chips from Google, Amazon, and Tesla) could create volatility. Additionally, any slowdown in AI demand could impact future stock performance.

3. Best ways to invest: Investors can buy Nvidia stock directly through a brokerage account, invest via AI-focused ETFs like QQQ and ARKQ, or use fractional shares if they don’t want to buy a full share.

Why invest in Nvidia stock?

Nvidia isn’t just a company; it’s the company when it comes to AI, gaming, and high-performance computing. Their GPUs power everything from ChatGPT to cutting-edge gaming rigs, and they’re miles ahead of the competition in AI processing.

After a record-breaking run, Nvidia’s stock is finally showing signs of cooling off. Here's what's dragging it down in early 2025:

1. Overhyped event reaction: Nvidia unveiled its next-gen Blackwell AI chips at GTC 2025, but instead of spiking, the stock dropped over 3% right after the announcement. Investors expected more—or maybe they’re just wary of sky-high valuations.
2. Death cross warning: The 50-day moving average just dropped below the 200-day MA — a bearish signal known as a "death cross." This usually points to short-term weakness and signals a momentum shift in technical trading circles.
3. New challengers in AI: Chinese AI firm DeepSeek is pushing low-cost, open-source AI models, and AMD’s MI300 chips are gaining traction. These undercut Nvidia’s premium pricing and threaten its stranglehold on the AI GPU market.
4. Macroeconomic and trade risks: Investors are jittery about inflation, U.S. interest rates and potential trade policy changes — especially with U.S. export restrictions on AI chips to China, which accounted for roughly 17% of Nvidia’s sales.

NVIDIA Bull & Bear

Pros

AI boom = Big gains – Nvidia’s AI chips are driving the artificial intelligence revolution.
500% growth in 5 years – The stock has absolutely crushed the market.
Data centres & gaming domination – Their hardware is the backbone of cloud computing and AAA gaming.
Market leader – Nvidia consistently outperforms competitors like AMD and Intel.

Cons

Valuation is high – You’re paying a premium for the growth potential.
AI hype is real (but can be volatile) – If AI adoption slows, Nvidia’s stock could take a hit.
Competition is heating up – Custom AI chips from Google, Amazon, and even Tesla could challenge Nvidia’s dominance.

Nvidia performance highlights

Recent growth: Nvidia reported a 78% increase in revenue year-over-year, reaching $39.3 billion in the fourth quarter of fiscal year 2025²
Historical returns: Over the past five years, Nvidia's stock has delivered a total return of 1,870%.³
Revenue strength: The company's data centre segment contributed $35.6 billion in revenue during Q4 FY2025, reflecting a 93% increase from the previous year, primarily due to strong demand for AI chips.

Risks and market factors

AI demand volatility: Nvidia's growth is heavily tied to AI adoption; any slowdown in AI demand could impact its stock performance.
Rising competition: Competitors like AMD, Intel, and custom AI chips from companies such as Google, Amazon, and Tesla pose challenges to Nvidia's market dominance.
Stock buybacks & valuation: Nvidia has engaged in share buybacks, which can boost short-term prices but may also indicate high valuation levels.

Step-by-step guide to buying Nvidia stock in Canada

Alright, let’s get you set up with some Nvidia shares.

1. Choose a stock trading platform

So to buy Nvidia you’ll first need to set up a brokerage that lets you trade U.S. stocks. Here are the best options in Canada and some of my personal favourites:

Things to consider when picking a brokerage:

Fees: Commission-free is great, but check for currency conversion fees.
U.S. Market Access: Not all platforms let you trade U.S. stocks easily.
Trading Tools: Some platforms give you more insights than others.

2. Open and fund your account

Once you’ve picked your platform, here’s what you’ll need to do:

Sign up (TFSA, RRSP, or a regular trading account).
Verify your identity (ID, proof of address, SIN number).
Deposit funds via bank transfer, wire, or Interac e-Transfer.

Pro Tip: If you plan on trading U.S. stocks regularly, set up a USD account with your brokerage. This will help you avoid currency conversion fees every time you buy or sell. Platforms like Questrade offer this. Wealthsimple also offers this.

3. Search for Nvidia stock (NVDA)

Here’s the easy part.

Open your broker’s platform and type "NVDA" into the search bar. You’ll see Nvidia’s stock pop up, along with its latest price, market trends, and performance history.

It’s like checking out a product before you buy—except this one powers AI, gaming, and data centers worldwide.

Should you buy in USD or CAD?

Nvidia is a U.S.-listed stock, meaning it trades in USD. Buying in CAD means you’ll get hit with currency exchange fees every time you make a trade.

Best move: Use a USD account to skip the forex fees on every transaction.

4. Place an order

There are two main ways to buy Nvidia stock:

1 Market Order – Buys immediately at the current price.
2 Limit Order – Lets you set the max price you’re willing to pay.

Want to invest but don’t have enough for a full share?

Some platforms like Wealthsimple Trade offer fractional shares, so you can invest even if you don’t have the full share price.

5. Review and monitor your investment

Congrats, you’re now an Nvidia shareholder!

But the work isn’t over—keep an eye on your investment.

Here’s how to stay updated on Nvidia:

Yahoo Finance & Google Finance – For real-time stock updates.
Nvidia’s Earnings Reports – Track revenue and AI growth trends.
Tech News – AI and semiconductor industry developments can impact Nvidia stock.

Dividends & Stock Splits: Nvidia pays a small dividend, but it’s more of a growth stock than an income stock. They also did a 4-for-1 stock split in 2021, making shares more accessible.⁴

So, you're ready to cash out or rebalance your portfolio? Here's how to sell your NVDA shares step-by-step:

Log in to your trading platform: Open the app or website of your brokerage account (Questrade, Wealthsimple, TD Direct Investing, etc.).
Go to your portfolio or holdings: Find your Nvidia (NVDA) shares listed in your active investments.
Click ‘Sell’ or ‘Trade’: This will open a trade ticket where you can choose how you want to sell.
Choose your order type: Market Order: Sells your shares immediately at the current market price.Limit Order: You set the minimum price you're willing to sell at. The sale only goes through if NVDA hits that price.
Set the quantity: Enter how many shares (or fraction of a share, if your platform allows) you want to sell.
Confirm the trade: Double-check the details, then hit “Sell” or “Place Order.”
Watch for settlement: Proceeds from the sale will usually settle in your account within 2 business days (T+2 rule).
Withdraw or reinvest: Once settled, you can either move the cash to your bank account or reinvest in another stock or ETF.

Pro Tip: If you’re using a TFSA or RRSP, selling won’t trigger capital gains tax. But if you’re in a regular taxable account, you may owe tax on any gains.

Should you buy Nvidia stock now?

Nvidia has been a standout performer over the past decade, largely due to its dominance in AI chips and robust financial results.

However, with shares surging over 1,800% in the past five years, many investors are questioning: Is it too late to invest in Nvidia?

Let's delve into its recent performance, valuation, technical trends, analyst outlook, and key considerations.

Nvidia has posted record-breaking financial results, fueled by surging demand for its AI chips.

Recent financial performance

Revenue growth: Nvidia reported $39.3 billion in Q4 FY2025 revenue, up 78% year-over-year.⁶
Earnings boom: Full-year GAAP EPS grew 147% YoY, with $130.5 billion in total revenue.⁷
Massive stock price gains: The stock surged 170% in 2024 alone, following a 240% increase in 2023.⁸

Despite strong earnings, Nvidia’s valuation is historically high:

Price-to-earnings (P/E) ratio: The trailing 12-month P/E ratio is approximately 36.4, higher than the S&P 500 average of around 20.⁹
Price-to-sales (P/S) ratio: 25–30x revenue, compared to the semiconductor industry average of ~6.¹⁰
Market capitalization: Nvidia's market cap exceeds $3 trillion, positioning it as one of the largest companies globally.¹¹

Verdict: Nvidia continues to demonstrate strong growth; however, its high valuation suggests that much of this growth is already priced in.

After its meteoric rise, Nvidia’s stock has entered a consolidation phase:

50-day moving average (MA): Acting as resistance (~$150).¹²
200-day MA: A strong support level (~$115), aligning with previous price floors.¹³
Support and resistance levels: Key support levels are around $100, while resistance is near $128.¹⁴

Short-term outlook: The stock is trading below its 200-day moving average, suggesting caution for short-term investors.

Wall Street remains bullish on Nvidia, but with varying expectations:

12-month price targets: Analysts predict ~$178 per share in 2025, a 40% upside from current levels.¹⁵
Mid-term (2025-2026): Some analysts believe Nvidia could reach $250+ if AI demand continues surging.¹⁶
Long-term (2030): Extreme bullish cases see Nvidia hitting $800 per share, with AI driving a 10x revenue increase.¹⁷

Verdict: While some analysts remain optimistic, others express caution due to potential market saturation and increasing competition.

Considerations: AI boom, semiconductor demand & potential risks

Before investing, weigh Nvidia’s growth potential against its risks:

📈 Bullish factors

AI dominance: Nvidia controls 90% of AI GPU sales, with customers like Microsoft, Amazon, and Google^.18
Record-breaking demand: Data centre revenue has tripled year-over-year due to AI adoption
Upcoming products: Nvidia’s next-gen Blackwell AI chips (2025) could fuel another upgrade cycle

📉 Bearish factors

Competition: AMD’s MI300 AI chips, China's DeepSeek and Google’s TPUs are gaining traction.¹⁹
Valuation risks: Despite recent stock price corrections, Nvidia's valuation remains high, which could limit future stock appreciation
Supply chain issues: TSMC struggles to meet Nvidia’s chip demand, limiting revenue potential
Geopolitical risks: U.S. export bans on AI chips to China could hurt 17% of Nvidia’s sales.²⁰

Verdict: While Nvidia maintains a strong position in the AI industry, investors should be mindful of rising competition, valuation levels, and geopolitical risks that could influence future performance.

Alternatives to Nvidia: Other AI and tech stocks to watch

AMD vs. Nvidia Stock: Which is the better buy?

When it comes to AI and gaming, AMD is Nvidia’s biggest competitor. AMD's stock is currently around $99.51, but it just hasn’t seen the same explosive growth as Nvidia.

Nvidia dominates AI chips and data centres, but AMD offers stronger value metrics if you’re looking for a lower-priced alternative.

Bottom line? Nvidia leads in AI, but AMD could be a solid bet for long-term competition.

Tesla and other AI-driven stocks

If you’re looking beyond semiconductors, Tesla (TSLA) is a major player in AI, particularly with its self-driving technology. Tesla’s stock sits at $281.95, but it's been quite volatile - especially since the 2024 U.S Election.

Other AI-heavyweights to watch include well known companies you’ve definitely heard of before - Microsoft (MSFT) and Google (GOOGL)—both of these companies are investing billions, yes that's with a B, into AI research, cloud computing, and automation.

Alternative ways to invest in NVIDIA

ETFs that include NVIDIA: You don’t have to purchase individual NVIDIA stock to invest in the company. Another option is buying a broad index ETF with NVIDIA as an underlying security. For example, any S&P 500 ETF will include exposure to NVIDIA. Top Canadian S&P 500 ETFs include Vanguard’s S&P 500 Index ETF (VFV), iShares Core S&P 500 Index ETF (XUS) and BMO S&P 500 Index ETF (ZSP). You can also invest in tech-specific ETFs that hold NVIDIA, such as ARK Next Generation Internet ETF (ARKW) and Invesco QQQ Trust (QQQ), which offer broad tech exposure.
Fractional shares: If you wish to invest in actual NVIDIA stock but find its share price, currently above USD$140, restrictive, consider a brokerage that supports fractional share trading. Fractional shares allow you to purchase a portion of one company share. TD Direct Investing and Wealthsimple are two Canadian brokerages that offer fractional shares.
Consider similar technology stocks: Another option is to invest in other tech companies, including NVIDIA competitors such as AMD or Intel. You can also consider smaller emerging tech companies in the AI industry. These companies may not enjoy the same market dominance or cache as NVIDIA, but they stand to benefit from the continued growth of AI. Remember to always conduct thorough critical research before investing in any company.

Final thoughts: Is Nvidia a good investment?

Nvidia’s long-term growth story is still compelling. It dominates AI hardware, powers global data centers, and keeps landing massive deals with tech giants like Microsoft and Amazon. But after soaring over 1,800% in five years, cracks are starting to show.

Valuation is steep, momentum has slowed, and new players like AMD and DeepSeek are circling. The recent “death cross” technical signal, plus geopolitical headwinds, suggest short-term bumps ahead.

So what’s your play?

If you believe AI is still in its early innings and Nvidia will continue leading the charge, then it could be a strong long-term hold. But if you’re chasing short-term gains, be ready for volatility—and have an exit plan.

Bottom line: Don’t just follow the hype. Know your risk tolerance, zoom out on your goals, and invest with intention.

Long-term	Short-term
If you believe AI is the future (and Nvidia will keep leading the charge), holding for 5–10 years could be a winning play. The company’s dominance in AI, gaming, and data centers makes it a strong long-term bet.	The stock has had massive gains, but short-term traders need to watch for pullbacks. With a high P/E ratio (currently ~52)⁵ even small shifts in AI demand or competition from AMD, Google, or Amazon could trigger corrections.

Want to continue to stay in the loop on Nvidia? Here are a few places you can check out:

Nvidia Investor Relations – Official earnings reports & company updates.
Yahoo Finance NVDA & Google Finance – Real-time stock tracking.

Get analyst insights and long-term predictions with Motley Fool

FAQ

Does NVIDIA pay dividends?

+

Yes, NVIDIA currently pays a dividend of $0.01 per share, which equates to a dividend yield of 0.03%. One reason for NVIDIA's very small dividend is that, like many growth stocks, the company uses its earnings to reinvest in future growth.
How do I buy NVIDIA stock in Canadian dollars?

+

Canadian Depository Receipts (CDRs) allow you to purchase foreign stocks in Canadian dollars, so you don’t have to worry about making a foreign currency exchange. You can buy NVIDIA CDRs through your online brokerage. The ticker should look something like this: NVIDIA CDR (CAD HEDGED). Another option is to use a technique known as Norbert’s Gambit, which enables you to avoid the currency spread that online brokerages charge.
Is NVIDIA a good long-term investment?

+

Only you can decide if NVIDIA is a good long-term investment for your portfolio. There are reasons to be skeptical about the company's ability to maintain its revenue growth, which is projected to slow to 69.5% in the fourth quarter of 2024, down from 94% in Q3. While demand for AI remains strong, NVIDIA relies on a small number of very large clients. Its ability to outperform in future years may depend on breakthroughs in generative AI. That said, there continues to be massive demand for the company’s Blackwell chips, and it doesn’t appear that it will lose its dominant position in the market anytime soon.

Is NVIDIA a good long-term investment?

sources

+

2. https://www.nasdaq.com/articles/nvidia-q4-fy2025-earnings-detailed-analysis

3. https://www.financecharts.com/stocks/NVDA/performance/total-return

4. https://nvidianews.nvidia.com/news/nvidia-announces-four-for-one-stock-split-pending-stockholder-approval-at-annual-meeting-set-for-june-3

5. https://www.macrotrends.net/stocks/charts/NVDA/nvidia/pe-ratio

6. https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-fourth-quarter-and-fiscal-2025

7. https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-fourth-quarter-and-fiscal-2025

8. https://www.investopedia.com/monitor-these-nvidia-stock-price-levels-after-two-years-of-massive-gains-8768049

9. https://www.businessinsider.com/nvidia-stock-price-correction-plunges-valuation-metric-levels-before-chatgpt-2025-3

10. https://www.macrotrends.net/stocks/charts/NVDA/nvidia/pe-ratio

11. https://apnews.com/article/f72da2deff83510987a0017e61eac335

12. https://www.investopedia.com/monitor-these-nvidia-stock-price-levels-after-two-years-of-massive-gains-8768049

14. https://www.businessinsider.com/nvidia-stock-price-death-cross-sell-signal-nvda-technicals-tech-2025-3

15. https://247wallst.com/forecasts/2025/02/27/nvidia-nvda-price-prediction-and-forecast/

16. https://www.moomoo.com/community/feed/nvidia-is-poised-to-reach-250-in-stock-by-2025-113650250153990

17. https://www.benzinga.com/markets/equities/24/09/41084992/nvidia-stock-could-touch-800-by-2030-bgg-executive-predicts-550-upside-driven-by-ai-revolution-a

19. https://www.nasdaq.com/articles/nvidia-stock-173-2024-heres-another-super-semiconductor-stock-buy-hand-over-fist-according

20. https://www.reuters.com/technology/artificial-intelligence/nvidia-says-new-rule-will-weaken-us-leadership-ai-2025-01-13/

Noel Moffatt Writer

Noel Moffatt is a Canadian fintech expert with a passion for simplifying personal finance. Based in St. John’s, NL, he draws on his background in finance, SEO, and writing to deliver clear explanations and actionable advice. Noel is dedicated to equipping readers with the knowledge and tools they need to make informed financial decisions, striving to make personal finance more accessible and understandable through his in-depth articles and reviews.

Colin Graves Freelance Writer

Colin Graves is a Winnipeg-based financial writer and editor whose work has been featured in publications such as Time, MoneySense, MapleMoney, Retire Happy, The College Investor, and more. Before becoming a full-time writer, Colin was a bank manager for over 15 years.

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How to Buy Nvidia Stock in Canada (or should you sell?)

Key takeaways

Why invest in Nvidia stock?

Why Nvidia’s stock is falling in 2025

NVIDIA Bull & Bear

Pros

Cons