AI-Driven Stock Splits: Will Microsoft and ServiceNow Be Next?

Driven by artificial intelligence (AI), companies like Nvidia, Broadcom, and Super Micro Computer have seen significant stock price increases, leading them to split their stocks to make them more accessible. Microsoft and ServiceNow, also experiencing substantial growth due to AI, might follow suit in 2024. While companies historically outperform the market after stock splits, investors should still research before investing.

Microsoft, a dominant player in software and cloud computing, is leveraging AI, particularly with its Copilot assistant, to expand its market share. The company`s cloud platform, Azure, is also benefiting from AI, particularly its partnership with OpenAI. Despite strong growth, Microsoft`s recent financial results were moderate, with slower-than-expected Azure revenue growth.