Foxconn, an assembler of Apple and Nvidia products formally ... Among U.S. companies, memory chip maker Micron Technology rallied 10%, at least partly because high-bandwidth memory chips the company makes are needed as a component of the latest processors ...
Nvidia jumped during early market action on Monday after Foxconn Technology reported its highest fourth quarter revenue on record. Read more here.
Micron Technology (NASDAQ: MU) stock is surging in Monday's trading. The storage solutions company's share price was up 11.7% as of 1 p.m. EST amid the backdrop of a 1% gain for the S&P 500 index and a 1.5% rally for the Nasdaq Composite index.
Chipmakers Taiwan Semi (TSM) and Micron (MU) are advancing 4% and 9%, respectively, today after electronics maker Foxconn reported slightly stronger-than-expected fourth-quarter results yesterday. Taiwan-based Foxconn is the largest manufacturer of Apple’s (AAPL) iPhones,
Foxconn’s Strong Results and Micron’s Presence on Evercore’s List MU stock was also likely lifted yesterday by the slightly stronger-than-expected Q4 results reported by electronics maker ...
Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.
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.
Nvidia is one of Foxconn's largest customers. Meanwhile, Micron's technology is featured in Nvidia's Blackwell B200 and GB200 platforms. In addition to the promising sales indicator, investors are ...
Chipmakers Taiwan Semi (TSM) and Micron (MU) are advancing 4% and 9%, respectively, today after electronics maker Foxconn reported slightly stronger-than-expected fourth-quarter results yesterday.