Move Over, Nvidia and Advanced Micro Devices: Billionaires Are Selling Them and Scooping Up Shares of 2 Artificial Intelligence (AI) Stock-Split Stocks Instead
AVGOBroadcom(AVGO) The Motley Fool·2024-09-04 17:06

Prominent billionaires are dumping shares of the "brains" behind artificial intelligence (AI)-driven data centers in favor of two AI stocks that have announced or completed stock splits in 2024.Since the advent of the internet in the mid-1990s, investors have pretty much always had a next-big-thing innovation, technology, or trend to captivate their attention. However, no addressable market has seemingly loomed larger since the arrival of the internet than the current rise of artificial intelligence (AI).Wh ...