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Nvidia Stock Rally Pauses. Foxconn Has Good News on AI Server Demand.

1. NVDA stock decreased by 0.1% in early trading. 2. Nvidia refutes claims of delays in Rubin hardware production. 3. Foxconn reports 41% revenue from AI servers, indicating strong demand. 4. Foxconn expects over 170% growth in AI revenue this quarter.

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FAQ

Why Bullish?

Strong demand for AI infrastructure, especially via Foxconn, positively affects NVDA's performance.

How important is it?

Foxconn's growth projections and reaffirmation of NVDA's product timelines indicate ongoing strong AI demand.

Why Short Term?

Immediate demand signals suggest potential short-term gains for NVDA driven by Foxconn's performance.

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