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Hon Hai Precision Industry Co. posted a better-than-projected 27% rise in profit over the June quarter and projected accelerating sales growth from its key AI server business.
Nvidia stock was slipping despite Foxconn projecting more than 170% growth in revenue from AI servers in the current quarter.
Foxconn expects AI-server revenue to surge more than 170% year-over-year this quarter as demand for Nvidia (NASDAQ:NVDA ...
Foxconn plans to cease production of electric, self-driving tractors at its Lordstown plant for California manufacturer Monarch Tractor.
Dow Jones Top Company Headlines at 1 PM ET: Deere Cuts Outlook as 3Q Profit, Revenue Fall | Tapestry ... Deere lowered the high end of its full-year outlook as its profit and sales declined in its ...
Hon Hai Precision Industry Co (鴻海精密) yesterday reported that net profit last quarter rose 27 percent from the same quarter ...
The July Producer Price Index rose 0.9% M/M, miles ahead of the 0.2% increase expected and June's unrevised flat reading.
Taiwan’s Foxconn, the world’s largest contract electronics maker, is expected to report on Thursday that second-quarter profit rose 11 percent on continued strong demand for artificial intelligence ...
Hon Hai Precision Industry (Foxconn) reported a 27% increase in Q2 profits, driven by sales in its AI server business. The ...
Foxconn on Thursday forecast a significant rise in third-quarter revenue as the world's biggest iPhone maker said it had for ...
The Taiwanese company, formally known as Hon Hai Precision Industry, on Thursday said its second-quarter net profit rose 27% to 44.36 billion New Taiwan dollars, equivalent to US$1.48 billion, beating ...
Bolt Projects shares fell 26.54% in pre-market trading to $10.52 on Thursday, despite closing up 556.88% at $14.32 during the ...
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