<p>股票拆分在去年成为一个热门话题，许多主要公司在各个行业都进行了这样的操作。其中最令人兴奋的两个案例是在人工智能（AI）领域。全球第一大 AI 芯片设计公司 <strong>Nvidia</strong>（NVDA -0.42%）和网络巨头 <strong>Broadcom</strong>（AVGO -1.12%）分别在 2024 年 6 月和 7 月完成了股票拆分。</p>
<p>什么是股票拆分，为什么公司会选择这种方式？这些操作使公司能够将飙升的股价降低到更合理的水平，从而使股票对更广泛的投资者更具可及性。Nvidia 和 Broadcom 甚至表示，他们决定进行拆分是为了让员工和投资者更容易购买他们的股票，而这些股票在 2023 年分别上涨了超过 200% 和约 100%。</p>
<p>然而，股票拆分并不会改变公司的总市值或任何基本面。它们只是根据拆分比例向当前持有者提供更多的股票。例如，在 10 股拆 1 股的情况下，如果你最初持有一股，拆分后你将持有 10 股——但你持有的总价值将保持不变。</p>
<p>因此，单靠股票拆分并不是买入或卖出股票的理由。不过，看看股票拆分后玩家在一年后的表现还是很有趣的，所以让我们来看看 Nvidia 和 Broadcom 在拆分一周年后的情况。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjU4MDMvZ2V0dHlpbWFnZXMtMTA1NjQ0OTEwOC5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="467" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjU4MDMvZ2V0dHlpbWFnZXMtMTA1NjQ0OTEwOC5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>Nvidia</h2>
<p>Nvidia 在去年 6 月 7 日完成了 10 股拆 1 股的股票拆分，6 月 10 日的交易价格已调整为拆分后的价格。这将股价从约 1200 美元降至 120 美元。从那时起，Nvidia 的股票经历了起伏，但仍实现了超过 40% 的涨幅。</p>
<p>如前所述，这一操作并不是投资者在过去一年涌向 Nvidia 的原因（尽管较低的每股价格可能让一些人更容易参与这一增长故事）。推动 Nvidia 股价表现的因素是对其图形处理单元（GPU）或 AI 芯片及相关产品和服务的持续高需求。</p>
<p>这位 AI 领军者的成功还得益于其强大的新产品发布执行力：Nvidia 在去年冬季推出了其 Blackwell 架构和芯片，CEO Jensen Huang 称其需求 “疯狂”。该公司在 Blackwell 商业化的第一个季度就实现了 110 亿美元的收入，并保持了超过 70% 的毛利率，确保了销售的高盈利能力。</p>
<p>尽管投资者担心潜在的逆风，如进口关税或 AI 支出减少，但这些担忧已经减轻。贸易谈判激发了人们的乐观情绪，认为关税可能不会像最初预期的那样高，公司也重申了其 AI 投资计划。所有这些都帮助 Nvidia 的股票在最近几周上涨，甚至将公司的市值推高至 4 万亿美元，使其成为首个达到这一水平的公司。</p>
<h2>Broadcom</h2>
<p>Broadcom 于 7 月 12 日进行了股票拆分，并于 7 月 15 日以新价格开始交易。与 Nvidia 一样，该公司决定进行 10 股拆 1 股的拆分，将股价从约 1700 美元降至 170 美元。自操作以来，Broadcom 的股票也上涨了超过 65%。</p>
<p>与 Nvidia 类似，Broadcom 的股票因 AI 客户的需求而飙升。该公司是网络领域的领导者，制造成千上万种在各种场所使用的产品——从智能手机到大型数据中心。但最近，来自大型云服务提供商的需求以支持其 AI 开发，帮助收入飙升。</p>
<p>在最近一个季度，AI 收入激增 77%，达到 41 亿美元，公司表示预计这种势头将在当前季度和下一个财年继续。这是在对连接产品和 Broadcom 的加速处理单元（XPU）需求的背景下，后者是一种用于特定 AI 任务的处理器。</p>
<p>该公司表示，其网络专业知识和广泛的产品范围——从交换机和路由器到网络接口卡（NIC），后者将计算机连接到网络——是云服务提供商加速其 AI 平台的关键增长驱动力。</p>
<p>Broadcom 的股票走势与 Nvidia 类似，今年 4 月因普遍的关税担忧而下跌，但它也反弹并在今天上涨。几天前，股票甚至创下了历史新高。</p>
<h2>拆分后的成功能否持续？</h2>
<p>Nvidia 和 Broadcom 都完成了成功的拆分后年度，均实现了两位数的涨幅。从估值角度来看，Nvidia 的价格略低于一年前，但 Broadcom 的估值则有所上升。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/ce3790b379b3d8c616180b5196038bb1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="456" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/ce3790b379b3d8c616180b5196038bb1.png"/></p>
<p>AVGO 市盈率（前瞻性）数据来自 YCharts。市盈率=市价与每股收益之比。</p>
<p>尽管如此，考虑到这些 AI 公司的盈利记录和在这一增长市场中的长期前景，它们的估值仍然合理。当然，无法保证这些股票接下来会如何表现，但当前环境支持未来更多涨幅的想法。更重要的是，Nvidia 和 Broadcom 在长期内在 AI 市场中处于良好的竞争位置。</p>

博通

英伟达

2 倍做多英伟达 ETF - GraniteShares

南方两倍做多英伟达

南方两倍做空英伟达

英伟达期权收益策略 ETF - YieldMax

1 倍做空英伟达 ETF - Direxion

2 倍做多 NVDA ETF - T-Rex

2 倍做空 NVDA ETF - T-Rex

半导体 3 倍做多 - Direxion

<p>英伟达和博通这两家领先的人工智能股票分别在 2024 年 6 月和 7 月进行了 10 股拆 1 股的股票拆分，以使股票更易于获取。自拆分以来，英伟达的股票上涨超过 40%，这得益于对其人工智能芯片的高需求和成功的产品发布。博通的股票则上涨超过 65%，受益于人工智能收入增长 77%。两家公司在拆分后的表现都非常显著，英伟达的市值达到了 4 万亿美元，而博通最近也创下了历史最高股价</p>

<p>Stock splits were a big thing last year, with many major companies across industries launching such operations. Two of the most exciting were in the area of artificial intelligence (AI). <strong>Nvidia</strong>(NVDA -0.42%), the world's No. 1 AI chip designer, and <strong>Broadcom</strong>(AVGO -1.12%), a networking giant, completed stock splits in June and July 2024, respectively.</p>
<div class="lb-trans"><p>股票拆分在去年成为一个热门话题，许多主要公司在各个行业都进行了这样的操作。其中最令人兴奋的两个案例是在人工智能（AI）领域。全球第一大 AI 芯片设计公司 <strong>Nvidia</strong>（NVDA -0.42%）和网络巨头 <strong>Broadcom</strong>（AVGO -1.12%）分别在 2024 年 6 月和 7 月完成了股票拆分。</p>
</div><p>What is a stock split, and why do companies go this route? These operations enable a company to bring down a soaring stock price to more reasonable levels, making the stock more accessible to a broader range of investors. Nvidia and Broadcom even said they decided on splits to make it easier for employees and investors to get in on their shares, which had surged more than 200% and about 100%, respectively, in 2023.</p>
<div class="lb-trans"><p>什么是股票拆分，为什么公司会选择这种方式？这些操作使公司能够将飙升的股价降低到更合理的水平，从而使股票对更广泛的投资者更具可及性。Nvidia 和 Broadcom 甚至表示，他们决定进行拆分是为了让员工和投资者更容易购买他们的股票，而这些股票在 2023 年分别上涨了超过 200% 和约 100%。</p>
</div><p>Stock splits don't change the total market value of the company or anything fundamental, though. They simply involve offering more shares to current holders according to the ratio of the split. So, for example, in a 10-for-1 stock split, if you originally held one share, you would hold 10 shares post-split -- but the total value of your holding would remain the same.</p>
<div class="lb-trans"><p>然而，股票拆分并不会改变公司的总市值或任何基本面。它们只是根据拆分比例向当前持有者提供更多的股票。例如，在 10 股拆 1 股的情况下，如果你最初持有一股，拆分后你将持有 10 股——但你持有的总价值将保持不变。</p>
</div><p>Because of this, a stock split alone isn't a reason to buy or sell a stock. Still, it's interesting to see how stock split players have performed a year after these operations, so let's take a look at both Nvidia and Broadcom a year after their splits.</p>
<div class="lb-trans"><p>因此，单靠股票拆分并不是买入或卖出股票的理由。不过，看看股票拆分后玩家在一年后的表现还是很有趣的，所以让我们来看看 Nvidia 和 Broadcom 在拆分一周年后的情况。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjU4MDMvZ2V0dHlpbWFnZXMtMTA1NjQ0OTEwOC5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F825803%2Fgettyimages-1056449108.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Nvidia</h2>
<div class="lb-trans"><h2>Nvidia</h2>
</div><p>Nvidia completed its 10-for-1 stock split on June 7 of last year, with shares trading at the split-adjusted price as of June 10. This brought the shares down from about $1,200 to $120. Since that time, Nvidia stock has experienced ups and downs, but it's delivered a gain of more than 40%.</p>
<div class="lb-trans"><p>Nvidia 在去年 6 月 7 日完成了 10 股拆 1 股的股票拆分，6 月 10 日的交易价格已调整为拆分后的价格。这将股价从约 1200 美元降至 120 美元。从那时起，Nvidia 的股票经历了起伏，但仍实现了超过 40% 的涨幅。</p>
</div><p>As mentioned, this operation isn't the reason investors have flocked to Nvidia over the past year (though a lower price per share may have made it easier for some to get in on the growth story). What has driven Nvidia's share price performance is the ongoing high demand for its graphics processing units (GPUs), or AI chips, and related products and services.</p>
<div class="lb-trans"><p>如前所述，这一操作并不是投资者在过去一年涌向 Nvidia 的原因（尽管较低的每股价格可能让一些人更容易参与这一增长故事）。推动 Nvidia 股价表现的因素是对其图形处理单元（GPU）或 AI 芯片及相关产品和服务的持续高需求。</p>
</div><p>What also helped this AI leader was its strong execution of a big launch: Nvidia released its Blackwell architecture and chip this past winter to demand that CEO Jensen Huang called &#34;insane.&#34; The company generated $11 billion in revenue from Blackwell in its very first quarter of commercialization and maintained a gross margin above 70%, ensuring high profitability on sales.</p>
<div class="lb-trans"><p>这位 AI 领军者的成功还得益于其强大的新产品发布执行力：Nvidia 在去年冬季推出了其 Blackwell 架构和芯片，CEO Jensen Huang 称其需求 “疯狂”。该公司在 Blackwell 商业化的第一个季度就实现了 110 亿美元的收入，并保持了超过 70% 的毛利率，确保了销售的高盈利能力。</p>
</div><p>Although investors worried about potential headwinds, such as import tariffs or a decrease in AI spending, these concerns have eased. Trade talks have spurred optimism that tariffs may not be as hefty as initially expected, and companies have reiterated their AI investment plans. All of this helped boost Nvidia's shares in recent weeks, even pushing the company to a $4 trillion market cap, making it the first company ever to reach this level.</p>
<div class="lb-trans"><p>尽管投资者担心潜在的逆风，如进口关税或 AI 支出减少，但这些担忧已经减轻。贸易谈判激发了人们的乐观情绪，认为关税可能不会像最初预期的那样高，公司也重申了其 AI 投资计划。所有这些都帮助 Nvidia 的股票在最近几周上涨，甚至将公司的市值推高至 4 万亿美元，使其成为首个达到这一水平的公司。</p>
</div><h2>Broadcom</h2>
<div class="lb-trans"><h2>Broadcom</h2>
</div><p>Broadcom executed its stock split on July 12, and the stock began trading on July 15 at the new price. Like Nvidia, the company decided on a 10-for-1 split to bring its share price down -- in this case, from about $1,700 to $170. Broadcom stock has also climbed in the double digits since the operation, rising more than 65%.</p>
<div class="lb-trans"><p>Broadcom 于 7 月 12 日进行了股票拆分，并于 7 月 15 日以新价格开始交易。与 Nvidia 一样，该公司决定进行 10 股拆 1 股的拆分，将股价从约 1700 美元降至 170 美元。自操作以来，Broadcom 的股票也上涨了超过 65%。</p>
</div><p>And like Nvidia, Broadcom saw its shares take off thanks to demand from AI customers. This company is a networking leader, making thousands of products used in a variety of locations -- from your smartphone to major data centers. But in recent times, demand from big cloud service providers to support their AI development has helped revenue skyrocket.</p>
<div class="lb-trans"><p>与 Nvidia 类似，Broadcom 的股票因 AI 客户的需求而飙升。该公司是网络领域的领导者，制造成千上万种在各种场所使用的产品——从智能手机到大型数据中心。但最近，来自大型云服务提供商的需求以支持其 AI 开发，帮助收入飙升。</p>
</div><p>In the most recent quarter, AI revenue surged 77% to $4.1 billion, and the company says it expects this momentum to continue in the current quarter and through the next fiscal year. This is amid demand for both connectivity products and Broadcom's accelerated processing units (XPUs), a type of processor for specific AI tasks.</p>
<div class="lb-trans"><p>在最近一个季度，AI 收入激增 77%，达到 41 亿美元，公司表示预计这种势头将在当前季度和下一个财年继续。这是在对连接产品和 Broadcom 的加速处理单元（XPU）需求的背景下，后者是一种用于特定 AI 任务的处理器。</p>
</div><p>The company says its networking expertise and wide range of products -- from switches and routers to network interface cards (NICs), which connect computers to networks -- have been key growth drivers as cloud service providers ramp up their AI platforms.</p>
<div class="lb-trans"><p>该公司表示，其网络专业知识和广泛的产品范围——从交换机和路由器到网络接口卡（NIC），后者将计算机连接到网络——是云服务提供商加速其 AI 平台的关键增长驱动力。</p>
</div><p>Broadcom stock followed a similar path to Nvidia, declining in April of this year due to general tariff concerns, but it has also rebounded and is on the rise today. The stock even closed at a record high just a few days ago.</p>
<div class="lb-trans"><p>Broadcom 的股票走势与 Nvidia 类似，今年 4 月因普遍的关税担忧而下跌，但它也反弹并在今天上涨。几天前，股票甚至创下了历史新高。</p>
</div><h2>Could the post-split success continue?</h2>
<div class="lb-trans"><h2>拆分后的成功能否持续？</h2>
</div><p>Both Nvidia and Broadcom have completed successful post-split years, scoring double-digit gains. Nvidia is slightly less expensive from a valuation standpoint than it was a year ago, but Broadcom's valuation has advanced.</p>
<div class="lb-trans"><p>Nvidia 和 Broadcom 都完成了成功的拆分后年度，均实现了两位数的涨幅。从估值角度来看，Nvidia 的价格略低于一年前，但 Broadcom 的估值则有所上升。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/ce3790b379b3d8c616180b5196038bb1.png" alt="" original-src="https://media.ycharts.com/charts/ce3790b379b3d8c616180b5196038bb1.png"/></p>
<p>AVGO PE Ratio (Forward) data by YCharts. PE Ratio = price-to-earnings ratio.</p>
<div class="lb-trans"><p>AVGO 市盈率（前瞻性）数据来自 YCharts。市盈率=市价与每股收益之比。</p>
</div><p>Still, these AI players remain reasonably priced, considering their earnings track record and long-term prospects in this growth market. It's impossible, of course, to guarantee what these stocks will do next, but the current environment supports the idea of more gains ahead. Even more importantly, Nvidia and Broadcom are well positioned to win in the AI market over the long run.</p>
<div class="lb-trans"><p>尽管如此，考虑到这些 AI 公司的盈利记录和在这一增长市场中的长期前景，它们的估值仍然合理。当然，无法保证这些股票接下来会如何表现，但当前环境支持未来更多涨幅的想法。更重要的是，Nvidia 和 Broadcom 在长期内在 AI 市场中处于良好的竞争位置。</p>
</div>

Nvidia and Broadcom: Here's How These Top AI Stocks Are Doing 1 Year After Their Stock Splits

- Nvidia 和 Broadcom 在 2024 年分别完成了 10 比 1 的股票拆分。  
- Nvidia 股票自拆分以来上涨超过 40%，Broadcom 上涨超过 65%。  
- 两家公司均受益于 AI 需求，未来增长前景乐观。  

英伟达和博通：这些顶级 AI 股票在股票拆分一年后的表现情况