Posted 12/18/2023, 4:31:40 PM
AI and Tech Stocks Poised for Growth in 2023 on ChatGPT Hype, Potential Stock Splits for Nvidia and Broadcom
- 2023 seen as a big year for AI stocks with the launch of ChatGPT; tech stocks continue splitting shares after 2021-2022 waves
- Stock splits excite investors, act as milestones, and evidence shows splitting stocks tend to outperform
- Broadcom is a quiet tech giant that could split its shares with $500B+ market cap and stock price over $1100
- Nvidia is an AI chip leader with 3x stock growth in 2022; revenue and earnings way up in recent quarters
- No indication yet, but good chance Nvidia will split its stock again if shares keep moving higher past $500