The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.
Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.
Wall Street's key indexes rose as optimism surrounding AI boosted semiconductor stocks. A report hinted at a possible softer tariff stance from Trump's team, lifting automakers. Microsoft's AI investments powered tech gains,
While Friday's article focused mostly on Intel's chip design business, the performance of its fabrication segment will also be important when it comes to shaping stock performance. Intel is the world's third-largest chip fabrication company, behind Taiwan Semiconductor Manufacturing and Samsung.
Extending the significant rebound seen during last Friday's session, stocks have moved sharply higher during trading on Monday. The
Taiwan Semiconductor Manufacturing Co. posted fourth-quarter revenue that beat Wall Street estimates as the company keeps gaining from the artificial intelligence (AI) boom.
Global semiconductor stocks, including heavyweight Nvidia, climbed Monday after contract electronics giant Foxconn announced record fourth-quarter revenue.
Wall Street expects Huang to deliver an update on ... Chip stocks gained big on Monday, partly due to a solid earnings report from Foxconn, a contract manufacturer of chips and other devices.
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.
Wells Fargo is one of the best S&P 500 stocks Wednesday even after the big bank's top-line miss. Here's what you need to know.
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
While the long-term outlook for AI remains encouraging and this technology has real-world applications in most industries around the globe, Nvidia's chances of becoming Wall Street's first $5 trillion company are likely going to be thwarted by history.