In high-speed compressor and turbine applications, active magnetic bearings are employed to increase reliability, reduce maintenance, and provide contact-free and oil-free operation. Evidently, the dynamic performance of active magnetic bearings must correspond to application-specific events like compressor surge or thrust disturbances. This article presents a segmented stator as one of the solutions to increase the bandwidth of axial active magnetic bearings (AMBs) and further improve the stability of the shaft system. We analyze the effects and discuss the tradeoffs of axial active magnetic bearing stator segmentation and slitting to alleviate bandwidth limitations. Finite element method design optimization and control plant modeling methods, open-and closed-loop tests, and identification of the overall thrust AMB-rotor control plant are studied.