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TaiwanPlus on MSNFoxconn Quarterly Profits Jump 27% on AI Server Demand
Foxconn, also known as Hon Hai Technology Group, reported a 27% rise in quarterly profits as demand for AI servers grows. The ...
Dow Jones Top Company Headlines at 3 PM ET: Air Canada Begins Wind Down of Operations Amid Strike Threat From Flight Attendants | Apple ... Air Canada Begins Wind Down of Operations Amid Strike Threat ...
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.
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 ...
Mizuho raised estimates and price targets for several global AI server and semiconductor names, citing “strong May-July ...
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