Nvidia and Amazon Poised for More Stock Splits as AI Businesses Boom
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Nvidia and Amazon have used stock splits in the past to make shares more accessible to small investors. As they grow their AI businesses, more splits could occur.
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Nvidia's graphics chips are crucial for AI model training. Revenue doubled last quarter amid surging data center demand.
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Amazon is developing AI services like conversational sales bots and Bedrock to customize models. AWS is the largest cloud provider.
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AI can boost many parts of Amazon's business, including e-commerce experience and AWS growth.
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Though less likely, Amazon could split its stock again. Nvidia more likely to keep splitting given its rapid growth.