KEY TAKEAWAYS Chip stocks are surging in premarket trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.Foxconn, whose formal name is Hon Hai Precision Industry,
Shares of artificial intelligence (AI) semiconductor stocks Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Arm Holdings (NASDAQ: ARM) rallied on Friday, up 4.5%, 3.5%, and 10.
Palantir Technologies was the best-performing member of the S&P 500 (SNPINDEX: ^GSPC) in 2024. Its share price surged 340% last year as growing demand for its artificial intelligence platform excited investors.
DEEPX (CEO, Lokwon Kim), an on-device AI semiconductor company, announced that it will participate in CES 2025, the world's largest electronics expo in Las Vegas, USA, next January to showcase its AI semiconductor mass-production ready achievements with global leaders.
While Nvidia, AMD and others have benefited the most from AI's rapid adoption, the future will belong to companies that develop energy-efficient chips that can power smaller language models in corporate data centers and edge devices.
Since AI emerged as the world's next megatrend about two years ago, one product in particular has become the technology sector's holy grail.
Tokyo Electron Limited (TEL) forecasts the global semiconductor market will surpass US$1 trillion by 2030, with AI-related semiconductors driving 70% of the growth. To seize this opportunity, TEL aims to invest JPY1.
The stock market is taking a breather after a relentless run, but opportunities still abound, according to some on Wall Street.
By Blake Heimann & Christopher Gannatti, CFA The AI market has evolved significantly in the past two years, shifting from a heavy reliance on mega-cap
Like Taiwan Semiconductor, Nvidia is riding a massive wave of investments as companies build new AI infrastructure. Nvidia CEO Jensen Huang estimates that spending in this segment will reach $2 trillion over the next five years, giving his company an unprecedented opportunity to benefit.
The past year has been a solid one for semiconductor companies, as evident from the 21% gains clocked by the PHLX Semiconductor Sector index during this period. For instance, while shares of Broadcom (NASDAQ: AVGO) have jumped an impressive 115% in the past year,
Nvidia tops U.S. fund manager holdings as AI and high-performance computing drive long-term semiconductor confidence