Wall Street Welcomes New AI Stock Split Following Nvidia and Broadcom

Reported 4 days ago

Wall Street has recently seen a surge in interest in artificial intelligence stocks, highlighted by the recent 10-for-1 stock splits of Super Micro Computer and Lam Research, following similar moves by Nvidia and Broadcom. These splits are designed to make shares more accessible to investors, as high demand for AI technologies drives up valuations. While Nvidia and Broadcom have captured significant attention due to their dominant positions in AI hardware and networking respectively, Lam Research is poised for growth in the AI space as it supports the increasing demand for high-bandwidth memory. However, there are concerns regarding reliance on the Chinese market amidst regulatory constraints.

Source: YAHOO

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