Broadcom's Stock Split Happens Today. Here's What it Means for You.

Broadcom and its investors are benefiting from the AI boom.At today's stock market close, Broadcom (AVGO -2.22%) will make a move to slash its high-flying share price. The technology giant will complete a 10-for-1 stock split, lowering the price of its stock from more than $1,700 to about $170. The stock will start trading at the new price as of the market open on Monday.Broadcom shares have soared nearly 100% in the past year as demand from artificial intelligence (AI) customers picked up -- in the recent ...