Stock splits have been in fashion in recent years in the technology sector as high-flying tech stocks have opted to go down this route in a bid to lower their share prices. Nvidia, Alphabet, Tesla, and Broadcom are some of the prominent names that have executed stock splits in recent years,

That sets the table for continued growth over the coming years. Analysts estimate that Nvidia will grow earnings by an average of 38% annually for the next three to five years. Today, Nvidia trades at a forward P/E ratio of 51, a rock-solid value for its anticipated growth.

Artificial intelligence (AI) is moving rapidly with the evolution of generative AI and large language models. One company that has leveraged AI to enhance shopping and customer experience is Klarna, the Swedish buy now,

The artificial intelligence (AI) trend has given big boosts to the share prices of Nvidia ( NVDA -3.00%) and Taiwan Semiconductor Manufacturing ( TSM 0.60%) over the past year. The two chipmakers' stocks rose by 204% and 121%, respectively, during the period, crushing the 35% gains recorded by the PHLX Semiconductor Sector index.