Nvidia and Broadcom: Here’s How These Top AI Stocks Are Doing 1 Year After Their Stock Splits

A stock split refers to a company’s action to divide its existing shares into a greater number of shares, while maintaining the same market value. Companies opt for this process to reduce the high cost associated with their overpriced stocks, making them more affordable and accessible to a larger pool of investors. For instance, in 2023, Nvidia and Broadcom announced stock splits as a means to facilitate easier acquisition of shares by employees and investors, given that their share prices had increased by over 200% and about 100%, respectively.








