Broadcom stock split date nears: What that means for investors as AI chipmakers ride Nvidia's wave

Amid rising share prices, the company announced a 10-for-1 stock split this week, set to take place just over a month after Nvidia's. Chipmaker Broadcom released its latest earnings report on Wednesday, which beat expectations and sent share prices soaring. It also announced a 10-for-1 stock split, which will begin trading on a split-adjusted basis on July 15.