Taiwanese tech giant Foxconn on Thursday reported a forecast-topping net profit for the third quarter and said it expected further strong growth in demand for artificial intelligence servers.
Apple supplier Foxconn reported bumper profits on Thursday on strong demand for artificial intelligence servers. The world’s largest contract manufacturer said net profit in the three months to ...
Foxconn's stock has benefited from the artificial-intelligence boom, with shares more than doubling this year. However, its shares dropped 12% in the third quarter amid market volatility and fears of ...
Foxconn's AI-server sales exploded over 200% in 2024, turning its cloud and networking business into a cash cow contributing 32% of total revenue. While consumer electronicsa.k.a. iPhonesstagnated, AI ...
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