Nvidia ( NVDA ), Advanced Micro Devices ( AMD ), and Tawain Semiconductor Manufacturer ( TSM ) are trading higher in the pre-market session after Foxconn Technology Group ( 2317.TW ) — which trades as Hon Hai Technology Group in China and Taiwan — reported faster-than-expected sales growth boosted by artificial intelligence (AI) hardware demand. Broadcom ( AVGO ) and Qualcomm ( QCOM ) shares are on the rise as well.

Seana Smith and Brad Smith closely examine the chipmaker stocks' movements on Morning Brief. Semiconductor stocks are also in focus ahead of Nvidia CEO Jensen Huang's keynote at the 2025 Consumer Electronics Show (CES). .

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here .

This post was written by Naomi Buchanan.