NVDA - Better Stock-Split Artificial Intelligence (AI) Stock: Nvidia Broadcom or Lam Research?
2024-06-24 04:07:00 ET
With the artificial intelligence revolution in full swing, share prices of favored semiconductor stocks have been on the rise. In late May, I identified five AI stocks that were due for a stock split .
Lo and behold, three have already announced splits since then: Nvidia (NASDAQ: NVDA) , Broadcom (NASDAQ: AVGO) , and Lam Research (NASDAQ: LRCX) , with Nvidia having already executed its 10-for-1 split on June 7. Broadcom will split its stock 10-for-1 on July 15, and Lam will execute its split on Oct. 3.
While retail investors and employees may more easily be able to buy shares of a lower-priced stock, a stock split doesn't change fundamentals or overall business value. It's just like cutting a pizza into smaller slices: You still have the same amount of pizza!
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Better Stock-Split Artificial Intelligence (AI) Stock: Nvidia, Broadcom, or Lam Research?