4 Reasons to Buy This AI Leader After the Stock Split

Leading semiconductor company Broadcom Inc. NASDAQ: AVGO underwent a 10-for-1 stock split on July 12, 2024. Predictably, its shares surged upon announcing the split and ran into the actual split. Shares have since pulled back 17% off its highs and could present a buying opportunity for investors waiting for pullbacks on chip companies.Broadcom has been a benefactor of the artificial intelligence (AI) boom in the computer and technology sector. With a strong roster of the world’s largest hyperscalers as cust ...