Foxconn had earlier partnered with NVIDIA to leverage its EV ambitions and proposed building Taiwan’s fastest AI ...
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.
Shares of artificial intelligence (AI) chipmakers like Broadcom ( AVGO 1.24%), Marvell Technology ( MRVL 0.80%), and Arm Holdings ( ARM 5.83%) rallied on Monday. At one point, they were up by 4%, 4.4% ...
Chip stocks rose sharply on Monday, partly due to a solid earnings report from Foxconn, which pointed to continued AI demand.
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has ...