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, the contract electronics maker, is set to report a 7 per cent year-on-year increase in third-quarter profit, driven by strong demand for artificial intelligence (AI) servers. The company, ...
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 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 Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young ...
AI Growth Projections Taiwanese tech giant Foxconn has reported a forecast-topping net profit for the third quarter and ...
Foxconn (FXCOF) just dropped a bombshell for investors, reporting a Q3 net profit of $1.5 billiona 14% surge year-on-yearwhile revenue skyrocketed 20% to hit a record $57 billion. The world's largest ...
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