After Meta, Could These Be Wall Street’s Next Blockbuster Stock Splits?

Is Wall Street on the verge of a stock-split frenzy in the coming years? With numerous companies leveraging advancements in artificial intelligence (AI) and witnessing significant increases in their stock prices, the potential for a series of major stock splits is growing. Recently, Meta Platforms (NASDAQ:META) initiated this trend by revealing a 2-for-1 stock split, which will introduce a new class of non-voting shares. This move enables the tech giant to issue additional shares to support its AI initiatives while maintaining the voting authority of CEO Mark Zuckerberg.

While the prospect of future stock splits is uncertain, some companies appear poised to follow Meta's lead. Among them are Micron Technology (NASDAQ:MU) and MercadoLibre (NASDAQ:MELI), both of which could capitalize on favorable market conditions.

Micron Technology specializes in the design and sale of computer memory chips. The company has experienced a surge in demand for its products as AI technologies continue to expand, resulting in record-high revenue and net income. The ongoing AI boom has positioned Micron favorably, as the demand for its chips remains strong amidst a significant supply shortage, granting the company considerable pricing power.

For instance, Amazon (NASDAQ:AMZN) recently raised its capital expenditure forecast for 2026 from $200 billion to $220 billion, partly due to increasing memory chip prices. Similarly, Microsoft (NASDAQ:MSFT) attributed a portion of its substantial capital expenditure guidance for the year to the same rising prices in memory chips. These developments emphasize the significant opportunities available to Micron in the current market landscape.

Moreover, experts believe that the shortage of memory chips could persist for at least a couple more years. This year, Micron's stock has appreciated considerably, buoyed by strong financial performance, although it has seen a slight decline in recent months. Currently, shares are trading around $983 each. While there is no universally accepted threshold price for a stock split, if Micron continues to thrive and leverage the growing demand for its products over the next couple of years, the company may opt to split its stock.

As the landscape for potential stock splits evolves, investors are keenly observing the shifts in the market, particularly in sectors heavily influenced by AI advancements. The unfolding story of stock-split activity on Wall Street may be just beginning, with companies like Micron Technology and MercadoLibre positioned to potentially join the ranks of those making such moves in the near future.