Foxconn reports 14% Q3 profit jump, expects AI servers to account for 50% of total server revenue in 2025
Foxconn’s third-quarter revenue jumped 20 per cent year-on-year (YoY), driven by demand for AI servers. This helped the company achieve its highest-ever revenue for the quarter. Foxconn’s shares have doubled in value so far this year, outpacing the broader market’s 28 per cent gain. / TISG
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after ...
Foxconn Technology Group reported better-than-expected profit for the third quarter as the artificial-intelligence boom drove ...
Hon Hai Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young ...
Nvidia was gaining early Thursday amid signs of robust demand for artificial-intelligence chips from the wider market.Nvidia ...
Foxconn, Pegatron, and Quanta Computer are ready to rapidly ramp up US manufacturing investment in response to any changes in ...
Hon Hai (Foxconn) achieved record-breaking revenue of NT$1.85 trillion (US$56.77 billion) in the third quarter of 2024, while ...
AI Growth Projections Taiwanese tech giant Foxconn has reported a forecast-topping net profit for the third quarter and ...
Foxconn's AI-server sales exploded over 200% in 2024, turning its cloud and networking business into a cash cow contributing 32% of total revenue. While consumer electronicsa.k.a. iPhonesstagnated, AI ...
Foxconn has already invested $10 billion in India. Now, it wants to expand and establish large campuses. Apart from ...
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