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.
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.
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 MSN4h
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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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 Times1h
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 ...
Digi Times1d
Foxconn's reforms drive Sharp to strong 2Q24 profit turnaround
Foxconn's profits are climbing on strong demand for AI servers, while its subsidiary Sharp—long seen as a drag on ...