Could stock-split mania take over Wall Street in the next few years? On the one hand, many corporations are capitalizing on artificial intelligence (AI) and have seen their share prices soar, potentially triggering a wave of blockbuster stock splits. And one could also argue that Meta Platforms (NASDAQ:META) just kicked things off by announcing a 2-for-1 stock split that will create a brand-new category of non-voting shares.
That will allow the tech leader to issue shares to finance its AI-related ambitions without reducing the voting power of its CEO, Mark Zuckerberg.
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However, it is always hard to predict upcoming stock splits, even if some signs point in that direction. That said, if there are more stock splits on the horizon, here are two companies that could join the club: Micron Technology (NASDAQ:MU) and MercadoLibre (NASDAQ:MELI).
Image source: The Motley Fool.
1. Micron Technology
Micron Technology designs and sells computer memory chips. Demand for the company’s products has soared amid the massive ongoing AI build-out, and the semiconductor specialist is reaping the benefits. Micron’s revenue and net income have reached all-time highs.
MU Revenue (Annual) data by YCharts
What’s more, the AI tailwind could be far from over. Not only are Micron’s chips in high demand, but there is also a severe shortage, giving it significant pricing power. Consider, for instance, that Amazon (NASDAQ:AMZN) increased its capex guidance for 2026 from $200 billion to $220 billion, partly due to higher memory chip prices. Microsoft (NASDAQ:MSFT), another hyperscaler, also attributed some of its massive capex guidance for the year to rising memory chip prices. This helps highlight the scale of the opportunity for Micron.
Further, the shortage of memory chips might last at least a couple more years. Micron’s shares have gained significant value this year on the back of excellent financial results, and despite a pullback in recent months, the company’s prospects remain bright.
Shares are currently changing hands for about $983 apiece. Of course, there is no generally agreed-upon price at which a company must split its stock. Still, if Micron performs well over the next year or two and continues to capitalize on the soaring demand for its products, the company could decide to split its stock.
