Nvidia was gaining on Monday amid further signs of strong demand for artificial-intelligence chips. Nvidia shares were up 2.1% at $147.43 in premarket trading. The stock rose 4.5% on Friday. Taiwan’s Foxconn—also known as Hon Hai Precision Industry—said Sunday strong AI server demand helped drive its fourth-quarter sales and first-quarter results should “show significant growth.

U.S. stock indexes are rising Monday to recover more of the holiday-season slide that bridged the new year. The S&P 500 was 0.8% higher in early trading and on track for a second straight gain following five straight losses,

Shares of NVIDIA Corp. NVDA rallied 3.43% to $149.43 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.55% to 5,975.38 and the Dow Jones Industrial Average DJIA falling 0.