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.

Investors can own a slice of top artificial intelligence companies like Tesla, Nvidia, and Alphabet with this Ark Invest exchange-traded fund.

AI is trained and powered by data center servers that use powerful graphics processing units (GPUs), most of which have been supplied by Nvidia. Memory chips are complementary to GPUs because they store information in a ready state so it can be called upon instantly, which is particularly critical in data-intensive AI workloads.

In today's video, I discuss the bearish sentiment analysts are starting to see for Micron Technology (NASDAQ: MU) and my thoughts on the vast growth opportunity thanks to artificial intelligence (AI) chip demand.

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