Foxconn sees robust AI server demand, delays EV target
1 day ago · Q3 net profit rises 14% yr/yr, better than forecast Q3 revenue rose +20% yr/yr, beating expectations Foxconn bullish on AI server demand Foxconn's shares have doubled so far this year TAIPEI, Nov ...
Foxconn's $1.5B Windfall: How AI is Powering an Unstoppable …
14 hours ago · Foxconn just dropped a bombshell for investors, reporting a Q3 net profit of $1.5 billiona 14% surge year-on-yearwhile revenue skyrocketed 20% to hit a record $57 billion.The world's largest contract electronics maker isn't just riding the AI waveit's building the boat. Chairman Young Liu dubbed 2025 the year of AI, predicting that AI servers will generate over half of its server revenue next ...
Foxconn's Q3 profit soars on AI server demand, sees 2025 as 'AI …
Foxconn said cumulative revenue of AI servers in the first three quarters of 2024 surged over 200% compared to the same period last year, and general server revenue also grew by more than 20%.
Foxconn's Q3 profit soars on AI server demand, sees 2025 as 'AI …
18 hours ago · Revenue for the June to September quarter rose 20% year-over-year to NT$1.85T, amid demand for AI servers. Foxconn said cumulative revenue of AI servers in the first three quarters of 2024 surged ...
Foxconn sees robust AI server demand, delays EV target - Yahoo …
21 hours ago · 2317.TW. By Yimou Lee and Faith Hung. TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, said on Thursday it expected robust growth in its artificial intelligence ...
Foxconn Posts Better-Than-Expected Profit on AI Server Sales
20 hours ago · By Sherry Qin. Foxconn Technology Group reported better-than-expected profit for the third quarter as the artificial-intelligence boom drove demand for its AI servers. The world's largest contract ...
Foxconn Q3 profits soar on AI server boom | Invezz
14 hours ago · AI-powered growth: Foxconn’s profit surge Copy link to section Foxconn’s net profit for the July-September period reached T$49.3 billion ($1.5 billion), a robust 14% increase year-over-year ...
Foxconn Profit Beats on Robust AI Server Demand — Update
18 hours ago · The world's largest contract electronics maker on Thursday said its third-quarter net profit rose 14% to 49.325 billion New Taiwan dollars, equivalent to US$1.52 billion, beating analysts ...
Foxconn sees robust AI server demand, posts 14% rise in Q3 profit
21 hours ago · Foxconn's shares have doubled so far in 2024, beating the broader market's 28 per cent gain, buoyed by its confident outlook on AI. They closed down 1.4 per cent on Thursday ahead of the earnings ...
Foxconn Profit Beats on Robust AI Server Demand - WSJ
19 hours ago · Foxconn said it expects its AI-server shipments to grow sequentially and account for more than 50% of total server revenue in 2025. Photo: ann wang/Reuters. Foxconn 2317 -1.40% Technology Group ...