Broadcom Announces a 10-for-1 Stock Split. Time to Buy?

The semiconductor giant seems set for stronger growth thanks to the booming demand for its AI chips.Shares of Broadcom (AVGO 3.34%) have surged impressively in the past year with gains of 96%, and the good part is that this semiconductor giant looks all set to sustain its solid momentum following the mid-June release of its fiscal 2024 second-quarter results (for the three months ended May 5).Not only did the chip giant's revenue and earnings coast past consensus estimates, but management also announced a 1 ...