Back in the dot-com boom era, stock splits became commonplace in response to soaring share prices. Amid the current artificial intelligence (AI) boom, a similar pattern could be developing. Already, several AI companies have split their shares, and more splits could be on the way among the others that are trading at lofty prices.

These three small-cap AI stocks have a shot at generating millionaire-making gains over the next decade: SoundHound AI (NASDAQ: SOUN), Serve Robotics (NASDAQ: SERV), and Evolv Technologies (NASDAQ: EVLV). Image source: Getty Images.

Generative AI is taking the world by storm. This groundbreaking technology is capable of creating new content, such as text, images, and even music, based on the patterns it learns from existing data.

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Artificial intelligence (AI) technology arrived in the spotlight last year, lifting the stock market to new heights. It's fair to debate the short-term impact of AI and whether the market is expecting too much right now,

It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity about the central bank's next move.

In today's video, I discuss how OpenAI o1-preview impacts Nvidia (NASDAQ: NVDA) and other semiconductor stocks. Check out the short video to learn more, consider subscribing, and click the special offer link below.

Did the Fed's rate cut just open the door for Nvidia stock to go on another huge rally? The post Nvidia share price surges — Time to invest in the artificial intelligence (AI) leader? appeared first on The Motley Fool Australia.

Nvidia (NASDAQ:NVDA) and a host of other semiconductor stocks trended higher Thursday following the Federal Open Market Committee's decision to slash its benchmark interest rate by 50 basis points on Wednesday.