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Nvidia Jumped 27% After Its Stock Split Announcement. Can Broadcom Beat It?
AVGOBroadcom(AVGO) The Motley Fool·2024-06-17 11:40

Following in Nvidia's footsteps, Broadcom is doing a 10-for-1 stock split.Investors went wild for Nvidia's (NVDA 1.75%) stock split.Shares of the artificial intelligence (AI) chip leader jumped 27% from the stock split announcement on May 22 to the execution of the split on June 7.The gains were enough to put Nvidia past the $3 trillion market cap mark and within a hair of becoming the most valuable company in the world. (It's in a close three-way race with Apple and Microsoft.) While a strong first-quarter ...