Broadcom Will Execute Its 10-for-1 Stock Split on July 12. History Says the AI Semiconductor Stock Will Do This Next.

Chipmaker Broadcom will become Wall Street's newest stock-split stock on Friday, July 12.Broadcom (AVGO 0.66%) shares surged 106% during the past year as investors came to appreciate the role its custom silicon could play in powering artificial intelligence workloads.The company will reset its share price with a 10-for-1 stock split on Friday, July 12, meaning shareholders of record will receive nine additional shares for each one they already own. The stock will begin trading on a split-adjusted basis on M ...