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 jumped during early market action on Monday after Foxconn Technology reported its highest fourth quarter revenue on record. Read more here.

Taiwan's Foxconn , the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.

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.

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.

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Stocks popped to start the first full week of 2025, as investors eyed technology innovations and a report circulated that the incoming presidential administration might scale back tariff plans. The broad S&P 500 index rose 1.