ASML - Stock-Split Watch: Is ASML Holding Next?
2024-06-26 04:15:00 ET
Artificial intelligence tailwinds have pushed technology stocks higher; some have begun splitting their stock. AI chip kingpin Nvidia executed a 10-for-1 split in May, while Broadcom announced it will do the same in July.
Although the company doesn't receive as much attention as other AI stocks, ASML Holding (NASDAQ: ASML) belongs squarely in the mix. The company builds lithography machines, a vital tool for manufacturing chips.
Like other AI stocks, ASML's share price has risen quite steeply. Shares have surpassed $1,000 and are near all-time highs. So, is a stock split in ASML's future?
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Stock-Split Watch: Is ASML Holding Next?