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.

Artificial intelligence (AI) technology arrived in the spotlight last year, lifting the stock market to new heights. It's fair to debate the short-term impact of AI and whether the market is expecting too much right now,

Generative AI is taking the world by storm. This groundbreaking technology is capable of creating new content, such as text, images, and even music, based on the patterns it learns from existing data.

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That massive gain was largely driven by the rapid expansion of the artificial intelligence (AI) market, which drove many companies to ramp up their purchases of the company's data center graphics processing units (GPUs) to process complex machine learning and AI applications.