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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.
The July Producer Price Index rose 0.9% M/M, miles ahead of the 0.2% increase expected and June's unrevised flat reading.
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 ...
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 ...
Dow Jones Top Company Headlines at 5 AM ET: Foxconn Profit Beats on Solid AI Hardware Sales | Hapag-Lloyd ... AI servers are poised to continue driving Foxconn's top line in the current quarter, with ...
Foxconn expects higher third-quarter revenue, it said on Thursday, on robust demand for artificial intelligence servers, ...
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