Chip stocks soar as solid earnings from top tech manufacturer Foxconn point to big AI demand

By Yahoo! Finance   |   11 months ago
Chip stocks soar as solid earnings from top tech manufacturer Foxconn point to big AI demand

Chip stocks like Nvidia, AMD, and Micron rose after Foxconn's strong earnings report, driven by high demand for AI servers. The sector is optimistic following Microsoft's AI data center investment and Nvidia's upcoming CES keynote. Foxconn also forecasts significant sales growth for the next quarter.

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