By Jabran Kundi
Publication Date: 2026-04-20 05:30:00
Nvidia Corporation (NASDAQ:NVDA) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. On April 14, Nvidia Corporation (NASDAQ:NVDA) denied reports that it is in talks to acquire any PC maker. A company spokesperson said that the media report is false and confirmed that NVDA is not involved in any discussions for such a deal. The clarification came after SemiAccurate reported that the company had been in negotiations for over a year to buy a large company that could reshape the personal computer industry. The report also suggested that a decision on the deal could be approaching.
NVIDIA Corporation (NASDAQ:NVDA) received a positive demand signal after Foxconn reported solid early first-quarter results, reflecting continued momentum in the global AI supply chain. Foxconn’s revenue increased 30% year-over-year to $66.6 billion, with March alone rising 45.6% to a record high. The growth was mainly driven by strong demand for AI infrastructure tied to Nvidia’s ecosystem. Despite some product transition challenges, Foxconn is still guiding for growth in the second quarter. It expects both quarter-over-quarter and year-over-year increase, which further supports a positive outlook for the broader AI supply chain.
Foxconn is also expanding its global manufacturing footprint through new investments in the United States and…