<p>股票拆分在去年成為一個熱門話題，許多主要公司在各個行業都進行了這樣的操作。其中最令人興奮的兩個案例是在人工智能（AI）領域。全球第一大 AI 芯片設計公司 <strong>Nvidia</strong>（NVDA -0.42%）和網絡巨頭 <strong>Broadcom</strong>（AVGO -1.12%）分別在 2024 年 6 月和 7 月完成了股票拆分。</p>
<p>什麼是股票拆分，為什麼公司會選擇這種方式？這些操作使公司能夠將飆升的股價降低到更合理的水平，從而使股票對更廣泛的投資者更具可及性。Nvidia 和 Broadcom 甚至表示，他們決定進行拆分是為了讓員工和投資者更容易購買他們的股票，而這些股票在 2023 年分別上漲了超過 200% 和約 100%。</p>
<p>然而，股票拆分並不會改變公司的總市值或任何基本面。它們只是根據拆分比例向當前持有者提供更多的股票。例如，在 10 股拆 1 股的情況下，如果你最初持有一股，拆分後你將持有 10 股——但你持有的總價值將保持不變。</p>
<p>因此，單靠股票拆分並不是買入或賣出股票的理由。不過，看看股票拆分後玩家在一年後的表現還是很有趣的，所以讓我們來看看 Nvidia 和 Broadcom 在拆分一週年後的情況。</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>圖片來源：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 日的交易價格已調整為拆分後的價格。這將股價從約 1200 美元降至 120 美元。從那時起，Nvidia 的股票經歷了起伏，但仍實現了超過 40% 的漲幅。</p>
<p>如前所述，這一操作並不是投資者在過去一年湧向 Nvidia 的原因（儘管較低的每股價格可能讓一些人更容易參與這一增長故事）。推動 Nvidia 股價表現的因素是對其圖形處理單元（GPU）或 AI 芯片及相關產品和服務的持續高需求。</p>
<p>這位 AI 領軍者的成功還得益於其強大的新產品發佈執行力：Nvidia 在去年冬季推出了其 Blackwell 架構和芯片，CEO Jensen Huang 稱其需求 “瘋狂”。該公司在 Blackwell 商業化的第一個季度就實現了 110 億美元的收入，並保持了超過 70% 的毛利率，確保了銷售的高盈利能力。</p>
<p>儘管投資者擔心潛在的逆風，如進口關税或 AI 支出減少，但這些擔憂已經減輕。貿易談判激發了人們的樂觀情緒，認為關税可能不會像最初預期的那樣高，公司也重申了其 AI 投資計劃。所有這些都幫助 Nvidia 的股票在最近幾週上漲，甚至將公司的市值推高至 4 萬億美元，使其成為首個達到這一水平的公司。</p>
<h2>Broadcom</h2>
<p>Broadcom 於 7 月 12 日進行了股票拆分，並於 7 月 15 日以新價格開始交易。與 Nvidia 一樣，該公司決定進行 10 股拆 1 股的拆分，將股價從約 1700 美元降至 170 美元。自操作以來，Broadcom 的股票也上漲了超過 65%。</p>
<p>與 Nvidia 類似，Broadcom 的股票因 AI 客户的需求而飆升。該公司是網絡領域的領導者，製造成千上萬種在各種場所使用的產品——從智能手機到大型數據中心。但最近，來自大型雲服務提供商的需求以支持其 AI 開發，幫助收入飆升。</p>
<p>在最近一個季度，AI 收入激增 77%，達到 41 億美元，公司表示預計這種勢頭將在當前季度和下一個財年繼續。這是在對連接產品和 Broadcom 的加速處理單元（XPU）需求的背景下，後者是一種用於特定 AI 任務的處理器。</p>
<p>該公司表示，其網絡專業知識和廣泛的產品範圍——從交換機和路由器到網絡接口卡（NIC），後者將計算機連接到網絡——是雲服務提供商加速其 AI 平台的關鍵增長驅動力。</p>
<p>Broadcom 的股票走勢與 Nvidia 類似，今年 4 月因普遍的關税擔憂而下跌，但它也反彈並在今天上漲。幾天前，股票甚至創下了歷史新高。</p>
<h2>拆分後的成功能否持續？</h2>
<p>Nvidia 和 Broadcom 都完成了成功的拆分後年度，均實現了兩位數的漲幅。從估值角度來看，Nvidia 的價格略低於一年前，但 Broadcom 的估值則有所上升。</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）數據來自 YCharts。市盈率=市價與每股收益之比。</p>
<p>儘管如此，考慮到這些 AI 公司的盈利記錄和在這一增長市場中的長期前景，它們的估值仍然合理。當然，無法保證這些股票接下來會如何表現，但當前環境支持未來更多漲幅的想法。更重要的是，Nvidia 和 Broadcom 在長期內在 AI 市場中處於良好的競爭位置。</p>

博通

英偉達

2 倍做多英偉達 ETF - GraniteShares

南方兩倍做多英偉達

南方兩倍做空英偉達

英偉達期權收益策略 ETF - YieldMax

1 倍做空英偉達 ETF - Direxion

2 倍做多 NVDA ETF - T-Rex

2 倍做空 NVDA ETF - T-Rex

半導體 3 倍做多 - Direxion

<p>英偉達和博通這兩家領先的人工智能股票分別在 2024 年 6 月和 7 月進行了 10 股拆 1 股的股票拆分，以使股票更易於獲取。自拆分以來，英偉達的股票上漲超過 40%，這得益於對其人工智能芯片的高需求和成功的產品發佈。博通的股票則上漲超過 65%，受益於人工智能收入增長 77%。兩家公司在拆分後的表現都非常顯著，英偉達的市值達到了 4 萬億美元，而博通最近也創下了歷史最高股價</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>股票拆分在去年成為一個熱門話題，許多主要公司在各個行業都進行了這樣的操作。其中最令人興奮的兩個案例是在人工智能（AI）領域。全球第一大 AI 芯片設計公司 <strong>Nvidia</strong>（NVDA -0.42%）和網絡巨頭 <strong>Broadcom</strong>（AVGO -1.12%）分別在 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>什麼是股票拆分，為什麼公司會選擇這種方式？這些操作使公司能夠將飆升的股價降低到更合理的水平，從而使股票對更廣泛的投資者更具可及性。Nvidia 和 Broadcom 甚至表示，他們決定進行拆分是為了讓員工和投資者更容易購買他們的股票，而這些股票在 2023 年分別上漲了超過 200% 和約 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，股票拆分並不會改變公司的總市值或任何基本面。它們只是根據拆分比例向當前持有者提供更多的股票。例如，在 10 股拆 1 股的情況下，如果你最初持有一股，拆分後你將持有 10 股——但你持有的總價值將保持不變。</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，單靠股票拆分並不是買入或賣出股票的理由。不過，看看股票拆分後玩家在一年後的表現還是很有趣的，所以讓我們來看看 Nvidia 和 Broadcom 在拆分一週年後的情況。</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>圖片來源：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 日的交易價格已調整為拆分後的價格。這將股價從約 1200 美元降至 120 美元。從那時起，Nvidia 的股票經歷了起伏，但仍實現了超過 40% 的漲幅。</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，這一操作並不是投資者在過去一年湧向 Nvidia 的原因（儘管較低的每股價格可能讓一些人更容易參與這一增長故事）。推動 Nvidia 股價表現的因素是對其圖形處理單元（GPU）或 AI 芯片及相關產品和服務的持續高需求。</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>這位 AI 領軍者的成功還得益於其強大的新產品發佈執行力：Nvidia 在去年冬季推出了其 Blackwell 架構和芯片，CEO Jensen Huang 稱其需求 “瘋狂”。該公司在 Blackwell 商業化的第一個季度就實現了 110 億美元的收入，並保持了超過 70% 的毛利率，確保了銷售的高盈利能力。</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>儘管投資者擔心潛在的逆風，如進口關税或 AI 支出減少，但這些擔憂已經減輕。貿易談判激發了人們的樂觀情緒，認為關税可能不會像最初預期的那樣高，公司也重申了其 AI 投資計劃。所有這些都幫助 Nvidia 的股票在最近幾週上漲，甚至將公司的市值推高至 4 萬億美元，使其成為首個達到這一水平的公司。</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 於 7 月 12 日進行了股票拆分，並於 7 月 15 日以新價格開始交易。與 Nvidia 一樣，該公司決定進行 10 股拆 1 股的拆分，將股價從約 1700 美元降至 170 美元。自操作以來，Broadcom 的股票也上漲了超過 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>與 Nvidia 類似，Broadcom 的股票因 AI 客户的需求而飆升。該公司是網絡領域的領導者，製造成千上萬種在各種場所使用的產品——從智能手機到大型數據中心。但最近，來自大型雲服務提供商的需求以支持其 AI 開發，幫助收入飆升。</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>在最近一個季度，AI 收入激增 77%，達到 41 億美元，公司表示預計這種勢頭將在當前季度和下一個財年繼續。這是在對連接產品和 Broadcom 的加速處理單元（XPU）需求的背景下，後者是一種用於特定 AI 任務的處理器。</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>該公司表示，其網絡專業知識和廣泛的產品範圍——從交換機和路由器到網絡接口卡（NIC），後者將計算機連接到網絡——是雲服務提供商加速其 AI 平台的關鍵增長驅動力。</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 的股票走勢與 Nvidia 類似，今年 4 月因普遍的關税擔憂而下跌，但它也反彈並在今天上漲。幾天前，股票甚至創下了歷史新高。</p>
</div><h2>Could the post-split success continue?</h2>
<div class="lb-trans"><h2>拆分後的成功能否持續？</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後年度，均實現了兩位數的漲幅。從估值角度來看，Nvidia 的價格略低於一年前，但 Broadcom 的估值則有所上升。</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）數據來自 YCharts。市盈率=市價與每股收益之比。</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>儘管如此，考慮到這些 AI 公司的盈利記錄和在這一增長市場中的長期前景，它們的估值仍然合理。當然，無法保證這些股票接下來會如何表現，但當前環境支持未來更多漲幅的想法。更重要的是，Nvidia 和 Broadcom 在長期內在 AI 市場中處於良好的競爭位置。</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 年分別完成了 10 比 1 的股票拆分。  
- Nvidia 股票自拆分以來上漲超過 40%，Broadcom 上漲超過 65%。  
- 兩家公司均受益於 AI 需求，未來增長前景樂觀。  

英偉達和博通：這些頂級 AI 股票在股票拆分一年後的表現情況