A cloud infrastructure company that works with Nvidia bought six buildings in Sunnyvale. Foxconn said its subsidiary, Ingrasys Technology USA, purchased the properties for an estimated $128 million.

Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.

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.

Industry analysts have slashed their 2025 GB200 NVL72 shipment projections by 50%, but the industry expects an explosion of AI hardware shipments.

Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.

Nvidia jumped during early market action on Monday after Foxconn Technology reported its highest fourth quarter revenue on record. Read more here.

Nvidia shares climbed to close at an all-time high Monday after supplier Foxconn reported record fourth-quarter revenue, and ahead of a keynote address from Nvidia CEO Jensen Huang at a major consumer electronics show.

Jensen Huang, the founder and CEO of Nvidia, is visiting Taiwan for the company's year-end celebration. Industry sources indicate that Huang routinely meets with key supply chain partners, including Quanta,

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Nvidia GPUs have emerged as the primary choice among bidders for the IndiaAI Mission procurement initiative, while Foxconn plans to mimic its Chinese success in India by building a mega dormitory facility in the South Asian country.