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Back in the dot-com boom era, stock splits became commonplace in response to soaring share prices. Amid the current artificial intelligence (AI) boom, a similar pattern could be developing. Already, several AI companies have split their shares, and more splits could be on the way among the others that are trading at lofty prices.

Nvidia has been a bellwether in the artificial intelligence (AI) space thanks to its graphics processing units (GPUs) that have played a crucial role in the training and deployment of AI models. But the stock has fallen out of favor of late as investors are worried about its slowing growth.