3 Chip Stocks Surging Amid Foxconn, Microsoft Tailwinds
Microsoft(MSFT) Schaeffers Investment Research·2025-01-06 19:58
All signs point to strong artificial intelligence (AI) demand in 2025. Microsoft (MSFT) revealed plans to invest $80 billion in AI-powered data centers this year, while Hon Hai Precision Industry -- better known as Foxconn -- saw a 15% year-over-year jump in revenue to $63.9 billion in the fourth quarter amid growth in cloud and networking products.These headlines sent semiconductor stocks surging, so let's check in with industry stalwarts Advanced Micro Devices Inc (NASDAQ:AMD), Taiwan Semiconductor Mfg. C ...