SMCI - Nvidia Just Executed a 10-for-1 Stock Split. 3 Artificial Intelligence (AI) Stocks That Could be Next.
2024-06-26 06:05:00 ET
Nvidia stock soared to record highs following its 10-for-1 split . Following that increase, it became the stock with the world's largest market cap. Another chip giant, Broadcom , is far from such an achievement but has shot higher since announcing its own split.
Given those reactions, such a move could be next for other AI stocks that announce stock splits. The question for investors is which stocks will make such a move. While the answer to that question remains to be seen, a similar increase could happen for the following stocks:
Perhaps it's no surprise that Nvidia partner Super Micro Computer (NASDAQ: SMCI) should emerge as a stock-split candidate. Despite a worldwide reach and a stock that has traded since 2007, it was a server manufacturer largely unknown outside its industry.
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Nvidia Just Executed a 10-for-1 Stock Split. 3 Artificial Intelligence (AI) Stocks That Could be Next.