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- Jan 6 Market Update - Nvidia helps the market get off to a good start
Jan 6 Market Update - Nvidia helps the market get off to a good start
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Market
“Foxconn (semiconductor assembler) reported terrific earnings yesterday which helped all semiconductor stocks and Nvidia to lead the market up” 😊 😋
All indices went higher on the promise of as strong semiconductor year again
Foxconn is a major supplier to Apple. Its earnings yesterday jumped 42% and revenue was up 15% QoQ signaling that Apple should also have a good quarter for the year ending 2024.
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