Foxconn's earnings release comes just a week after Microsoft announced that it expects to spend $80 billion on AI data center infrastructure in its FY 2025. This was huge news for investors, as it confirms that Silicon Valley's AI arms race is not winding down any time soon.

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.

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.

Apple and Nvidia supplier Foxconn posted a record topline in Q4 driven by higher cloud and networking and strong demand from AI servers.

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.

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Foxconn's bumper sales performance was heavily driven by growth in cloud and networking products, which includes AI servers like those designed by the likes of chipmaker Nvidia. Shares of several ...

SUNNYVALE — A tech company with ties to Nvidia and Apple has paid well over $100 million to buy a large Sunnyvale office and research campus. Ingrasys Technology USA purchased the campus near the corner of East Arques Avenue and Oakmead Parkway for $128 million, according to documents filed on Thursday with the Santa Clara County Recorder’s Office.

SUNNYVALE — A tech company with ties to Nvidia and Apple has paid well over $100 million to buy a large Sunnyvale office and research campus. Ingrasys Technology USA purchased the campus near the corner of East Arques Avenue and Oakmead Parkway for $128 million, according to documents filed on Thursday with the Santa Clara County Recorder’s Office.