Foxconn Posts Better-Than-Expected Profit on AI Server Sales
Foxconn Technology Group reported better-than-expected profit for the third quarter as the artificial-intelligence boom drove ...
Nvidia Stock Rises. What ASML and Foxconn Are Saying About AI Chip Demand.
Nvidia was gaining early Thursday amid signs of robust demand for artificial-intelligence chips from the wider market.Nvidia ...
The Independent Singapore4h
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 ...
Fudzilla14h
Foxconn reports record profit
AI Growth Projections Taiwanese tech giant Foxconn has reported a forecast-topping net profit for the third quarter and ...
The Financial Times18h
Live news: Foxconn reports bumper profit on demand for AI servers
Apple supplier Foxconn reported bumper profits on Thursday on strong demand ... The company has been buoyed by growing AI related manufacturing work this year. “We’re not only an AI supplier but ...
Apple turns to Foxconn and Lenovo to build new AI servers based on Apple Silicon
According to a recent Nikkei report, Apple first approached Foxconn to produce the new servers in Taiwan, then engaged Lenovo ...
IPhone Maker Hon Hai’s Profit Beats Estimates On AI Demand
Key iPhone assembler Hon Hai Precision Industry Co. reported a stronger-than-expected quarterly profit on persistent demand ...
Apple has allegedly approached Foxconn and Lenovo to build AI servers based on Apple Silicon
Apple asks Foxconn to produce AI servers based on Apple Silicon in Taiwan to to leverage R&D teams working with Nvidia, ...
Foxconn's $1.5B Windfall: How AI is Powering an Unstoppable Profit Boom
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 ...