Stock-Split Watch: Is TSMC Next?
Will the world's largest contract chipmaker split its high-flying stock?Many of the world's largest tech companies routinely split their stocks as their share prices rise. Splits don't make a stock fundamentally cheaper, since they simply cut its existing shares into smaller slices which trade at lower prices. So instead of buying a whole pizza for 5.Yet stock splits still attract a lot of attention from smaller investors who aren't willing to pay hundred ...