Nvidia rallied 5% Monday, joining other US chip stocks like Advanced Micro Devices and Micron Technology ... The rally comes after Foxconn reported strong quarterly earnings driven by its cloud and networking segments, and pointing to the potential ...

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

Foxconn, whose formal name is Hon Hai Precision ... address at the CES trade show in Las Vegas. Those of rival Advanced Micro Devices (AMD) rose 2.5% and Micron Technology's (MU) jumped 11%.

Taiwan's Foxconn posted record quarterly revenue, buoyed by strong demand for servers to power artificial intelligence. Nvidia and other chip stocks including Advanced Micro Devices and Micron ...