Foxconn sees robust AI server demand, delays EV target
Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the U.S. and China,
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 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 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 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 “year of AI”.
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 September was NT$49.
Foxconn Profit Beats on Robust AI Server Demand
The contract electronics maker reported better-than-expected profit for the third quarter as the artificial-intelligence boom drove demand for AI 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
Hosted on MSN19h
Foxconn To Diversify Supply Chain With Investment in U.S., Mexico, Vietnam - TaiwanPlus News
Taiwan-based electronics manufacturing giant Foxconn plans to invest more in the United States, Mexico and Vietnam to ...
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.
Major Apple Supplier Foxconn Expected to Report Strong Q3 Results on AI Boom
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that ...
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 ...
Taiwan News9d
Taiwan’s Foxconn October revenue hits NT$804.84 billion
TAIPEI (Taiwan News) — Foxconn reported Tuesday (Nov. 5) its preliminary consolidated revenue for October was NT$804.84 ...
Nikkei Asia10d
Apple asks Foxconn to produce servers in Taiwan in AI push
TAIPEI -- Apple has approached Foxconn about building artificial intelligence servers in Taiwan as the iPhone maker looks to ...
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 ...