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The semiconductor industry has been abuzz with stock split news in recent months. In June 2024, chip giant Nvidia (NVDA) completed a 10-for-1 stock split following its shares surging over 850% since November 2022 amid the artificial intelligence (AI) boom. Lam Research (LRCX), priced at over $1,000 per share, has a 10-for-1 split of its own coming down the pike - and not to be outdone, Broadcom (AVGO) also announced a 10-for-1 split, set to take place July 15 after its stock price topped $1,700 on the back of strong demand for its AI chips.
With some of the biggest semiconductor stocks out there taking steps to make their shares more accessible to retail investors, attention is now turning to who could be next. One strong contender is ASML Holding (ASML), the Dutch supplier of lithography equipment that plays a critical role in enabling cutting-edge chip manufacturing.
