Chipmakers See Gains as Foxconn Reports Sales Growth Driven by AI Demand

Reported 1 day ago

Nvidia, AMD, and TSM are seeing increased stock prices following Foxconn's better-than-expected sales growth, fueled by rising demand for AI hardware. The broader semiconductor market is also reacting positively, with other chipmakers like Broadcom and Qualcomm experiencing gains. The activity comes ahead of Nvidia CEO Jensen Huang's keynote at CES 2025.

Source: YAHOO

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