After Nvidia's Stock Split, This Semiconductor Stock Is Next. Here's What to Expect.
Nvidia captured the investing world's attention. The semiconductor maker grew at a lightning pace over the last two years as the leading provider of the chips that make artificial intelligence (AI) possible.
Recently, the company executed a 10-for-1 stock split, meaning investors now have 10 times as many shares, with each one worth 10% of what they were just before the split. This move, while not directly affecting the value of shareholders' portfolios, opened the door to more investors who lack access to fractional shares and therefore couldn't afford the hefty share price before the split.
The stock is up over 10% since the split. There are many factors at play here, but smaller investors who can now afford to buy in might have contributed to the gain.
Source Fool.com
