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Foxconn beats estimates with record fourth-quarter revenue
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.
Chip stocks soar as solid earnings from top tech manufacturer Foxconn point to big AI demand
Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.
TSMC breaks record with December revenue backed by relentless AI demand
TSMC is making headlines again with its AI exploits. The world’s largest chipmaker raked in 868.5 billion New Taiwan dollars ($26.3 billion) in revenue for
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 far more room to run.
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.
Apple Supplier Foxconn Posts Record Revenue, Rides High On AI Server Demand And Nvidia Partnership
Apple and Nvidia supplier Foxconn posted a record topline in Q4 driven by higher cloud and networking and strong demand from AI servers.
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.
AI server demand pushes Foxconn to record fourth-quarter revenue
Strong demand for AI servers set Taiwan’s Foxconn to a record fourth-quarter revenue. In a statement, the company said its revenue rose 15.2% to T$2.13
The Economist
23h
Foxconn and other gadget-makers are expanding their empires
Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers ...
3h
Apple and Nvidia chip supplier TSMC’s sales top estimates, boosting AI’s 2025 outlook
The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.
3d
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 ...
3d
Micron Technology Soars 11% on AI Demand and Semiconductor Rally
Shares of Micron Technology Inc. ( MU, Financial) surged 11% on Monday as investor sentiment in the highly cyclical ...
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