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Semiconductor Stocks Surge on AI Optimism

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Semiconductor Stocks,AI,Foxconn

Semiconductor stocks soared on Monday, fueled by positive developments in the artificial intelligence sector. Foxconn's record fourth-quarter revenue, driven by growth in AI-related products, underscored the continued investment in this technology. Nvidia shares jumped to a new high, with investors anticipating CEO Jensen Huang's keynote address at CES 2025.

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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 /  🏆 12. in SG
 

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