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.

Leading market analysts highlighted Foxconn's surprise Q4 performance, with Jim Cramer suggesting investors may have overlooked the company.

Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers have also been expanding into new industries. In October Foxconn unveiled two new electric-vehicle designs,

Semiconductor chip stocks rose on Monday after electronics giant Foxconn (HNHPF) reported record-breaking revenue for its fourth quarter, as the artificial intelligence boom continues into 2025.

The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.

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.

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Nvidia traded slightly higher after Jensen Huang's CES keynote. Traders are eyeing key economic data later in the week.

US stocks finished mixed Monday, as investors plowed money into the semiconductor sector following strong results from Taiwan-based Foxconn, helping spur chip designer Nvidia to a fresh record.