Nvidia Corp. led a surge in semiconductor stocks on Wall Street, driven by strong demand for artificial intelligence (AI) technology. The company's shares rose nearly 5% to a new all-time high of $150.42, following a robust earnings report from Foxconn, a major electronics manufacturer. Other semiconductor companies, including ASML, Micron Technology, and Taiwan Semiconductor Manufacturing, also saw significant gains, with increases of 6.1%, 10.3%, and 4.9% respectively. The broader market was buoyed by tech stocks, with the S&P 500 and Nasdaq composite gaining 1.23% and 1.78% respectively. This rally comes amid a backdrop of increasing investments in AI infrastructure, with Microsoft announcing plans to invest $80 billion in AI-enabled data centers in 2025.