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 Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young ...
Nvidia shares gain as ASML and Foxconn both say they still see strong signs of demand for artificial-intelligence ...
AI Growth Projections Taiwanese tech giant Foxconn has reported a forecast-topping net profit for the third quarter and ...
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 ...
According to a recent Nikkei report, Apple first approached Foxconn to produce the new servers in Taiwan, then engaged Lenovo ...
Key iPhone assembler Hon Hai Precision Industry Co. reported a stronger-than-expected quarterly profit on persistent demand ...
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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback