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 demand for its AI servers.The world’s largest contract electronics maker said Thursday that its net profit was 49.
Foxconn sees robust AI server demand, posts 14% rise in Q3 profit
Taiwan's Foxconn , the world's largest contract electronics maker, said on Thursday it expected robust growth in its artificial intelligence server business next year after reporting a better-than-expected 14% rise in quarterly profit.
Taiwan Tech Giant Foxconn Posts $1.5 Bn Q3 Net Profit
Taiwanese tech giant Foxconn on Thursday reported a forecast-topping net profit for the third quarter and said it expected further strong growth in demand for artificial intelligence servers.
Foxconn sees 14% profit growth in Q3, boosted by AI server sales
Last month, the company said third-quarter revenue jumped 20% from a year earlier, beating expectations to post its highest-ever revenue for that quarter on strong sales of AI servers.
Major Apple supplier Foxconn's Q3 profit up 14% on AI boom
Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday a better-than-expected 14% rise in quarterly profit underpinned by robust demand for artificial intelligence servers.
Foxconn's Q3 profit soars on AI server demand, sees 2025 as 'AI Year' for group
Foxconn Technology's (OTCPK:FXCOF) third quarter revenue jumped 20% year-over-year, and the company sees 2025 as "AI Year" for the group. Q3 Metrics: The Apple (AAPL) supplier — which is formally known as Hon Hai Precision (OTCPK:HNHAF) (OTCPK:HNHPF) — said net profit (attributable to the owners of the parent company) soared 14% year-over-year to
Major Apple supplier Foxconn expected to report strong Q3 results on AI boom
Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that third-quarter profit rose 7% year-on-year on robust demand for artificial intelligence servers.
Nvidia Stock Rises. What ASML and Foxconn Are Saying About AI Chip Demand.
Nvidia shares gain as ASML and Foxconn both say they still see strong signs of demand for artificial-intelligence ...
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after ...
Reuters on MSN5h
Apple supplier Foxconn's Q3 profit rises 14%, beats forecasts
TAIPEI, Nov 14 (Reuters) - Apple (AAPL.O), opens new tab supplier Foxconn (2317.TW), opens new tab reported on Thursday a ...
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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 Times4h
Live news: Foxconn reports bumper profit on demand for AI servers
Apple supplier Foxconn reported bumper profits on Thursday on strong demand for artificial intelligence servers. The world’s largest contract manufacturer said net profit in the three months to ...
Foxconn's Third-Quarter Profit Likely Rose 6.9% -- Earnings Preview
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 ...
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 ...
Business Times3h
Taiwan tech giant Foxconn posts US$1.5 billion Q3 net profit
Taiwanese tech giant Foxconn on Thursday (Nov 14) reported a forecast-topping net profit for the third quarter on robust demand for artificial intelligence servers and said it expected 2025 to be the ...
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Land, power and skill: Inside the high-stakes battle to build the next Foxconn City
Foxconn has already invested $10 billion in India. Now, it wants to expand and establish large campuses. Apart from ...