TSMC Considers Stock Split
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stock splitThe Motley Fool
•This Trillion-Dollar Artificial Intelligence (AI) Chip Stock Has Surged 110% in the Last Year. Could a Stock Split Be on the Horizon?
81% Informative
Taiwan Semiconductor Manufacturing ( TSMC ) joined a major client, Nvidia , in the trillion-dollar club.
With a current share price of $ 213 , TSMC is trading near a 52-week high.
In just 12 months , the company has seen its valuation essentially double from roughly $500 billion to more than $1 trillion today .
When a company splits its stock, the number of outstanding shares rises.
Pursuing a stock split could indicate that management believes the stock will continue to rise.
Randi Zuckerberg is a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg .
John Mackey , former CEO of Whole Foods Market , is a member of The Motley Fool's board of directors.
Adam Spatacco has positions in Alphabet , Amazon , Microsoft , and Nvidia .
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