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Foxconn's Q3 profit soars on AI server demand, sees 2025
Apple supplier Foxconn's Q3 profit rises 14%, beats forecasts
Apple supplier Foxconn reported on Thursday a 14% rise in third-quarter net profit, driven by strong AI server demand.
Foxconn rides the AI wave: Q3 profits soar amidst server demand
Taiwanese electronics giant Foxconn, the world's leading contract manufacturer and a key Apple supplier, reported a surge in third-quarter profits, exceeding market expectations.
Foxconn in robust Q3 performance driven by strong demand for AI servers
Foxconn, the world’s largest contract electronics maker reported better-than-expected third-quarter financials on firm demand for AI servers.
Foxconn reports 14% Q3 profit jump, expects AI servers to account for 50% of total server revenue in 2025
Foxconn’s third-quarter revenue jumped 20 per cent year-on-year (YoY), driven by demand for AI servers. This helped the company achieve its highest-ever revenue for the quarter. Foxconn’s shares have doubled in value so far this year, outpacing the broader market’s 28 per cent gain. / TISG
Foxconn Profit Beats on Robust AI Server Demand
The contract electronics maker reported better-than-expected profit for the third quarter as the artificial-intelligence boom drove demand for AI servers.
Foxconn sees robust AI server demand, delays EV target
Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the U.S. and China,
Foxconn expects AI servers to account for over 50% of server revenue in 2025, but EV targets might be delayed
Hon Hai Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young Liu highlighted record-breaking cumulative revenue, gross margin, operating profit,
20h
Apple’s iPhone partners make plans for US manufacturing
Foxconn, Pegatron, and Quanta Computer are ready to rapidly ramp up US manufacturing investment in response to any changes in ...
1d
Major Apple Supplier Foxconn Expected to Report Strong Q3 Results on AI Boom
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that ...
3d
Apple turns to Foxconn and Lenovo to build new AI servers based on Apple Silicon
According to a recent Nikkei report, Apple first approached Foxconn to produce the new servers in Taiwan, then engaged Lenovo ...
tom's Hardware on MSN
8d
Apple has allegedly approached Foxconn and Lenovo to build AI servers based on Apple Silicon
Apple asks Foxconn to produce AI servers based on Apple Silicon in Taiwan to to leverage R&D teams working with Nvidia, ...
1d
Land, power and skill: Inside the high-stakes battle to build the next Foxconn City
Foxconn has already invested $10 billion in India. Now, it wants to expand and establish large campuses. Apart from factories ...
AOL
1d
Major Apple supplier Foxconn's Q3 profit up 14% on AI boom
TAIPEI (Reuters) - Taiwan's
Foxconn
, the world's largest contract electronics maker ... Net profit for July-September for ...
PhoneArena
8d
Apple wants to build its own AI servers – but will Foxconn help?
Apple is diving deeper into the world of artificial intelligence, and it has big plans. The tech giant wants to build its own ...
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