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
Foxconn Technology Group reported better-than-expected profit for the third quarter as the artificial-intelligence boom drove ...
Hon Hai (Foxconn) achieved record-breaking revenue of NT$1.85 trillion (US$56.77 billion) in the third quarter of 2024, while ...
Nvidia shares gain as ASML and Foxconn both say they still see strong signs of demand for artificial-intelligence ...
Foxconn, Pegatron, and Quanta Computer are ready to rapidly ramp up US manufacturing investment in response to any changes in ...
Hon Hai Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young ...
Foxconn's stock has benefited from the artificial-intelligence boom, with shares more than doubling this year. However, its shares dropped 12% in the third quarter amid market volatility and fears of ...
Foxconn has already invested $10 billion in India. Now, it wants to expand and establish large campuses. Apart from ...
According to a recent Nikkei report, Apple first approached Foxconn to produce the new servers in Taiwan, then engaged Lenovo ...
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