Nvidia stock rose on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, touted strong demand for artificial intelligence servers.

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,

Nvidia (NASDAQ: NVDA) stock has started off October with a bang. After suffering through an epic meltdown over the summer, things are beginning to look up. A lofty valuation and concerns about the current state of artificial intelligence (AI) adoption gave investors pause,

Key Takeaways Major U.S. indexes were higher at midday Tuesday as tech stocks surged and oil prices eased. Nvidia shares rose as partner Foxconn touted strong demand for its servers and Nvidia’s artificial intelligence chips.

Nvidia shines again. Wall Street continued to up its estimates on the AI chip leader, and news also broke that Foxconn and Nvidia are building Taiwan's