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AI Boost: Semiconductor Stocks Surge on Foxconn's Record Revenue and Nvidia's Soaring Value

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Artificial Intelligence,Semiconductor Stocks,Foxconn

Semiconductor stocks are enjoying a boost thanks to positive news in the artificial intelligence sector. Foxconn reported record fourth-quarter revenue, fueled by growth in its cloud and networking products, including AI servers. This, coupled with investor anticipation for Nvidia CEO Jensen Huang's keynote address at CES 2025, has driven Nvidia's stock price to record highs.

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribethat the company's fourth-quarter revenue, which grew 15% year over year, was the highest ever in the company's history for that period.

Investors are also looking forward to Nvidia CEO Jensen Huang's keynote address at the 2025 Consumer Electronics Show 2025, which will take place around 11 a.m. Singapore time. Despite those upbeat reports and positive market movements on Monday, the year ahead continues to look rocky.

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