Semiconductor stocks have been among the biggest winners from the generative AI boom, as tech companies scramble to secure as much computing power as possible to train and deploy their AI models. For context,

U.S. stocks were mixed on Monday afternoon. Investors are turning their attention to Nvidia’s upcoming earnings — the first time the AI chipmaker is reporting results since a breakthrough by Chinese AI startup DeepSeek sparked a selloff in Nvidia and other tech stocks last month.

Nvidia shares split in both 2021 and 2024. Unexpected factors call into question whether another split will happen anytime soon. But does that mean it has grown to the point that investors should expect it to become the next major stock split?