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stock splitThe Motley Fool
•78% Informative
Since 2023 began, the rise of artificial intelligence ( AI ) has captivated Wall Street.
But we've also witnessed the return of stock-split euphoria.
Over the last six months , more than a dozen companies have announced and/or completed a stock split.
Nvidia and Broadcom have completed historic stock splits this year .
Super Micro Computer is readying for its moment of fame.
Net sales for the June-ended quarter catapulted to $5.31 billion .
The expectation is that demand for the physical infrastructure needed to power AI -accelerated data centers isn't going to slow anytime soon.
Super Micro Computer also has precedent with high-growth trends failing to pan out as predicted.
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