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In this year's bull market, there are artificial-intelligence plays like Nvidia NVDA -0.36%decrease; red down pointing triangle—and then there's everything else. As the second half of the year begins, investors are wondering whether something has to give.

Nvidia (NASDAQ: NVDA ) has grown to become quite a dominant holding in a number of tech-focused exchange-traded funds (ETFs) amid its glorious ascent. Though NVDA stock is no longer the world's largest company after its latest correction, bringing the market cap to $3 trillion flat, I still think it's a bad idea to think the firm can't continue its growth just because of its behemoth size.

It's true the costs of running Nvidia (NASDAQ: NVDA ) chips will cut the growth of Artificial Intelligence. But if any name can overcome those costs, and benefit it's Meta Platforms (NASDAQ: META ) stock.

NVIDIA (Nasdaq: NVDA) saw its Data Center group revenues soar by 427% last quarter, but who is buying all of those chips?

Stock split mania has hit the market. Chipotle (NYSE: CMG) just completed its 50:1 stock splits and AI leaders NVIDIA (Nasdaq: NVDA) and Broadcom (Nasdaq: AVGO) followed with their own split announcements that saw a positive reaction from investors.

Alphabet's Google Search conducts about 8.5 billion web searches every day. Momentum and value make Meta a stock to watch for the next six months.

Nvidia remains the best way to bet on the future adoption of artificial intelligence technology. But it could be a bumpy ride.

Companies across industries announced stock splits in the first half after their share prices soared. These operations lower the price of individual shares, making them easier for a broad range of investors to buy.

Nvidia stock has gained 27,000% over the past decade, but there have been significant declines along the way. Just two years ago, Nvidia stock fell 66% from its high, sending fair-weather investors running for cover.