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Nvidia (NVDA) rose 3% early Friday after Foxconn, formally known as Hon Hai Precision Industry, projected higher artificial intelligence sales in its fourth-quarter results, potentially benefitting Nvidia stock. Foxconn, an Apple (AAPL) partner, expects first-quarter AI server revenue to double from both a year ago and from the prior quarter, signaling a strong demand for AI chips. But is Nvidia…
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