Reported 6 months ago
Following Nvidia's significant growth and 10-for-1 stock split, attention is turning to Broadcom as a potential candidate for a stock split due to its strong position in supplying products for AI. Broadcom's revenue and earnings have been on the rise, with solid financial performance leading to a substantial stock price increase. As the AI market expands, driven by factors like the data center upgrade cycle and the adoption of generative AI, Broadcom's presence in the AI ecosystem positions it well for future growth, making it an appealing investment despite not having initiated a split before.
Source: YAHOO