AI Boom Sparks Talk of Stock Splits for Soaring Shares
• Enthusiasm for AI helped launch a new bull market after 2022's fall, with some AI stocks now trading over $1,000 per share. This could prompt companies to consider stock splits.
• Stock splits make shares more affordable and accessible to more investors, though they don't change a company's intrinsic value.
• Super Micro Computer, ASML, and Meta Platforms are 3 AI stocks that seem ripe for potential stock splits given their high valuations and strong growth outlooks.
• Super Micro serves the server needs of AI companies and has seen business boom, with its stock price multiplying almost 3,000% in 3 years to near $1,000.
• ASML and Meta have appreciated enormously in recent years and have split their stocks previously, making additional splits feasible as shares continue rising.