Hon Hai Precision Industry Co Ltd
CNBC Daily Open: The AI peak hasn’t crested yet
The Nvidia headquarters in Santa Clara, California, U.S., on Tuesday, Nov. 19, 2024. David Paul Morris | Bloomberg | Getty Images 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 […]
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Global chip stocks climb as Foxconn’s bumper results show a continuation of the AI boom
Jakub Porzyck | Nurphoto | Getty Images Global semiconductor stocks climbed on Monday after contract electronics giant Foxconn announced record fourth-quarter revenues, suggesting the artificial intelligence boom has far more room to run. Hon Hai Precision Industry, which does business as Foxconn internationally, said in a Sunday statement that the company’s fourth-quarter revenue totaled 2.1 […]
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CNBC Daily Open: Holiday-thinned markets cheered by strong Wall Street finish
Traders work on the floor of the New York Stock Exchange on Dec. 9, 2024. Michael Nagle | Bloomberg | Getty Images 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 […]
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CNBC Daily Open: Markets begin last trading week with holiday cheer
A television station broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, Dec. 18, 2024. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up […]
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Taiwan leads Asian stocks higher in 2024 — but Trump tariffs, China economy cloud region’s outlook
A Nvidia chip during the Taipei Computex expo in Taipei, Taiwan, on May 29, 2023. Bloomberg | Bloomberg | Getty Images Asia-Pacific stocks had a good run in 2024, with most major markets ending the year in positive territory, as the region’s central banks eased monetary policy while an AI boom lifted tech stocks. Taiwan’s […]
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Morgan Stanley names 7 beneficiaries of Amazon AWS’ new Trainium 2 AI chip
Morgan Stanley has identified the companies that are set to benefit from Amazon ‘s launch of its new artificial intelligence chip. The Big Tech giant’s cloud computing division Amazon Web Services launched its Trainium 2 AI chip earlier this month. AWS hopes these chips will help it diversify away from Nvidia , its primary AI […]
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CNBC Daily Open: The S&P could continue its ascent despite pausing
Hikers on layered sandstone rock formations in the Fire Wave area of Valley of Fire State Park near Overton, Nevada. Ron Buskirk | Universal Images Group | Getty Images 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, […]
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Asian chip stocks fall on ASML’s disappointing forecast, possible U.S. export cap
A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images Asian chip stocks fell on Wednesday after Dutch semiconductor equipment maker ASML posted disappointing sales forecasts, driving down global stocks in the sector. Shares of Japanese semiconductor manufacturing firm Tokyo Electron logged the […]
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CNBC Daily Open: The economy and inflation might stay strong
Shoppers make their way through the Miami Design District featuring stores from many luxury fashion names on December 14, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they […]
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Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Asian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial intelligence wave. Stocks tied to Nvidia suppliers as well as other […]
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