AI Stocks Poised for Gains Amid Tech Splits
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Nvidia has become the backbone of the AI revolution, with its GPUs powering high-compute data centers. Its stock price has nearly quintupled amid strong enterprise demand.
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Meta Platforms is using AI across its products and relies on ads for revenue. As a cash flow machine, it can fund ambitious AI investments. With its near $500 share price, a split may entice investors.
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Super Micro Computer's servers see high demand for AI computing. Its 878% stock gain in 2023 makes its $1000+ share price ripe for a split.
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Broadcom's Jericho3 chip connects GPUs for AI networks. Its $31B order backlog provides predictable cash flow. Past splits and a $1245 share price could prompt another.
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Other AI stocks like Meta, Super Micro and Broadcom could beat Nvidia to splits given greater room for share price drops. Nvidia itself recently split its stock in 2021.