The Independent Singapore9h
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 ...
Nvidia Is About To Beat Estimates Again
Nvidia's strong AI demand and Blackwell Superchips drive massive growth. Learn why NVDA stock is a Strong Buy with sustained ...
Foxconn's $1.5B Windfall: How AI is Powering an Unstoppable Profit Boom
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 ...
Business Times21h
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 ...