Taiwan Semiconductor Manufacturing: "With basic semiconductors - that s a supply and demand business. but I think you re going to continue to hear chatter about AI, and it will translate into huge revenue growth for a lot of these companies," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.
The world s largest contract electronics maker, Foxconn officially known as Hon Hai Technology Group already plays a lynchpin role in assembling gadgets for top global brands, including Apple s iPhone.
The French competition authority said that its operation this week followed a broader inquiry into the cloud-computing sector. The broader inquiry revolves around concerns that cloud-computing companies could use their access to computing power to exclude smaller competitors.