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.
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 14% rise in third-quarter net profit, driven by strong AI server demand. The Taiwanese company, the world's largest contract ...
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.
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.
Mint7h
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 ...
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 ...
Digi Times2d
Foxconn treading carefully as Trump set to return to White House
With Donald Trump now set to return to the White House, industry players will be keenly watching his upcoming policies, given ...
Apple in talks with Foxconn to build Apple Intelligence servers in Taiwan
Apple wants to tap the talent at Foxconn to power its Apple Intelligence servers, though the supplier may already be at ...
Dataquest1d
Foxconn strengthens solid-state battery investment, eyes two-wheeler market
Foxconn will likely face challenges in quickly mastering the entire development and manufacturing chain—from materials and ...
Digi Times1d
Apple may seek Foxconn's global capacity for AI servers
Recent reports suggest that Apple may be enlisting Foxconn's help... Save my User ID and Password Some subscribers prefer ...