This Trillion-Dollar Artificial Intelligence (AI) Chip Stock Has Surged 110% in the Last Year. Could a Stock Split Be on the Horizon?
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As of Jan. 17, there are 10 public companies in the world with valuations of at least $1 trillion. With the exception of Warren Buffett's investment powerhouse, Berkshire Hathaway, each trillion-dollar stock is playing a leading role in the ongoing artificial intelligence (AI) revolution.After gaining 110% over the last year, chip stock Taiwan Semiconductor Manufacturing (NYSE: TSM) joined a major client, Nvidia, in the trillion-dollar club. With a current share price of $213, TSMC is trading near a 52-week high.Below, I'm going to explore why TSMC could initiate a stock split sooner rather than later and how such a move could impact investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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