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Foxconn reports record revenue in 2024
Foxconn beats estimates with record fourth-quarter revenue on AI demand
Taiwan's Foxconn , the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.
Nvidia, TSMC, Other AI Chip Stocks Surge as Foxconn Posts Record Revenue
Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.
Apple's iPhone assembler Foxconn sees 'record' Q4 revenue as AI demand soars
Foxconn's fourth quarter 2024 revenue surged 15.17%, setting a record for the highest revenue ever, driven by strong demand in AI.
1d
on MSN
Trump announces $20B plan to build new data centers in the US
President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property ...
2d
on MSN
Global chip stocks climb as Foxconn's bumper results show a continuation of the AI boom
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has ...
1d
Nvidia Highlights AI Chips Powering PUBG, Robotics 'ChatGPT Moment,' Automotive Expansion And More At CES Event
Nvidia Corp (NASDAQ:NVDA) maintains an upward stock trajectory this week after a power-packed start with the Consumer ...
2d
Heard on the Street Monday Recap: Foxy
Semiconductor and artificial intelligence stocks continue to find reasons to rally in 2025. The latest impetus was a strong sales report from Taiwan’s Foxconn, formally known as Hon Hai Precis ...
2d
on MSN
Why AI Chip Stocks Broadcom, Marvell, and Arm Holdings Rallied Again Today
AI-related chip stocks sold off a bit during the last couple of weeks of 2024, but they got a lift Friday on signs of strong ...
2d
on MSN
Stock market today: Tech rallies as AI names lead markets higher ahead of CES event
Chip stocks rose sharply on Monday, partly due to a solid earnings report from Foxconn, which pointed to continued AI demand.
Free Malaysia Today
3d
IPhone maker Foxconn clinches sales beat on strong AI demand
Hon Hai, also known as Foxconn, today said its revenue over the past three months was T$2.13 trillion (US$64.6 billion), up ...
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