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

Nvidia's new Blackwell chip is set to drive significant growth, with analysts predicting higher-than-expected revenue for Q1 2024. Find out how strong demand is impacting Nvidia’s stock and future outlook.

The Gen AI boom, of course, quickly made Nvidia, which has added more than $2 trillion to its market cap in just over a year, one of the world’s largest companies. The stock accounted for roughly 30% of the S&P 500’s gains in the first half of the year, with shares up over 154% year to date.