Why Nvidia Stock is Rising Again Tuesday, Nearing Record High
Nvidia (NVDA) stock rose on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, touted strong demand for artificial intelligence servers. Executives at Foxconn—officially named Hon Hai Precision Industry—said Tuesday at the company's annual tech day they were constructing in Mexico the world’s largest facility for assembling AI servers to house Nvidia’s GB200 chips, part of its Blackwell AI architecture. Young Liu, chair of Foxconn, said in an interview with Bloomberg Television ...