Another Stock Split Hype Parade—Congrats, Your Pie Got Sliced Thinner

A stock split changes exactly zero about a company’s value. Not one cent. It’s corporate accounting theater—the financial equivalent of cutting a pizza into twelve slices instead of eight and calling yourself a chef. Yet every time Nvidia or Broadcom announces a split, retail investors act like someone handed them free money. The numerator and denominator just got smaller, geniuses. That’s the whole event.

Nvidia did a 10-for-1 split in June 2024. Broadcom followed