Wall Street rarely sees two trends like artificial intelligence (AI) and stock-split euphoria competing for attention. AI drove record highs for major indices in 2024, while stock splits, though cosmetic, also fueled market excitement for certain names.Stock splits come in forward or reverse types, with forward splits being more popular among investors. Forward splits lower share prices to attract investors, while reverse splits raise prices to meet exchange standards. In 2024, high-profile companies, such ...

Semiconductors power many devices that you use every day. You can find this technology in your computer, car, refrigerator, and other everyday items. Chipmakers have reported rising revenue and earnings for years, but artificial intelligence has taken these companies to new heights.Artificial intelligence is a booming industry that’s projected to maintain a 36.6% compound annual growth rate from now until 2030. Corporations rely on AI chips to keep AI applications functional, and those apps require more com ...

Both make products that are vital to AI proliferation.Stock splits often ignite a new interest in some stocks, as a lower stock price makes the investment feel like investors are getting a better deal. While stock splits are mostly a cosmetic effect, their psychological effect on investments is a far bigger deal.However, two companies that recently have undergone stock splits, Nvidia (NVDA -1.72%) and Broadcom (AVGO -1.37%), are two that didn't need more interest sparked in the stock. Regardless, both are s ...

The latest trading session saw Broadcom Inc. (AVGO) ending at $149.26, denoting a -1.37% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, lost 0.93%. Heading into today, shares of the chipmaker had lost 4.94% over the past month, lagging the Computer and Technology sector's loss of 2.41% and the S&P 500's loss of 0.26% in that time. The upcoming earnings release of Broadcom Inc. wi ...

Since closing at a record high less than 10 days ago, the benchmark S&P 500 index has been on the back foot. For the moment, it's not looking like a whole lot more than a healthy mid-rally correction. After all, it had logged almost 40% of gains this year so far, and some questions were starting to be asked about the short-term health of the rally. An increasing reliance on a few heavyweight tech stocks over recent months, sketchy earnings in the past few weeks, and a cyclical shift from large-cap to small- ...

It was a bit of a head-scratcher, and could be a buying opportunity.Shares of artificial intelligence (AI) chip names Broadcom (AVGO -7.59%), Taiwan Semiconductor Manufacturing (TSM -5.90%), and Arm Holdings (ARM -8.16%) were falling on Wednesday, down 6.7%, 5.1%, and 7.7%, respectively, as of 3:28 p.m. ET.None of these companies reported news today, but the entire artificial intelligence chip cohort seemed to be taking it on the chin after tech giants Alphabet and Tesla reported earnings last night that fa ...

Broadcom (NASDAQ:AVGO) is well-known as a leader in 5G semiconductors, but it’s also a chip stock that lags behind many of the top names in this sector — most notably Nvidia (NASDAQ:NVDA).The company powers the sort of data throughput and connectivity we all rely on with its advanced chips and RF solutions. In 2023, the company’s 5G and AI revenues hit $5.9 billion and $4.2 billion, respectively, out of $28.2 billion total income. Notably, Broadcom stock has been on a tear of late, nearly doubling over the ...

Broadcom began trading on a split-adjusted basis on July 15.Following terrific performances last year, the S&P 500 and tech-heavy Nasdaq Composite have continued to climb by double digits so far in 2024.One of the biggest catalysts fueling positive market sentiment is artificial intelligence (AI). While AI can take many forms, some of the biggest beneficiaries of the technology have been semiconductor stocks.Broadcom (AVGO 1.64%) presents a really interesting opportunity at the intersection of AI and semico ...

Key TakeawaysBroadcom is catching up to Nvidia as a top pick among investors, Citi analysts reported after meeting with investors and discussing their sentiment toward stocks.Investors believe Broadcom is well-positioned with its custom AI chip customers while Nvidia is being affected by "investor fatigue," Citi wrote. Both stocks have been big winners this year, though big tech shares were hit by a range of investor concerns last week. Investors still love Nvidia (NVDA) — but Broadcom (AVGO) is catching up ...

Stock-split fever has gripped the market.This has been another year of high-profile stock-split announcements, including Walmart, Chipotle Mexican Grill, and Lam Research. And while stock splits do not change the underlying fundamentals of a company, they can boost interest in stocks. Moreover, there is some research to suggest that stock-split stocks outperform the market.Here are three stocks that have already split this year -- Nvidia (NVDA -2.61%) and Broadcom (AVGO -1.98%) -- plus one more that may spl ...