Taiwan’s Foxconn said Tuesday it was building the world’s largest manufacturing site for servers to house Nvidia’s GB200 Superchips.

Nvidia has emerged as one of the hottest artificial intelligence stocks on the market. The 31-year-old company’s meteoric rise is largely due to the recent AI boom, which revealed the unexpected potential of its core product,

Despite their more modest meeting formats, both of the previous iterations led to a nice bump-up in Nvidia's stock price. In the week that followed 2022's event, shares were up as much as 10%. In 2023, they were up as much as 6.5%. So will this year's conference also lead to a jump in stock price? Maybe.

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

Nvidia stock was rising early on Monday. Healthy demand for artificial-intelligence chips looked to be helping it shrug off wider market moves and further reports of government pressure in China for local companies not to use its hardware.