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. The Taiwanese firm saw a 14% rise in quarterly profit driven by strong demand for AI.
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,
Major Apple supplier Foxconn's Q3 profit up 14% on AI boom
Foxconn said last month it was building in Mexico the world's largest manufacturing facility for bundling Nvidia's GB200 superchips, a key component of the U.S. firm's next-generation Blackwell family computing platform. Underscoring Foxconn's rosy ...
Foxconn's Q3 profit soars on AI server demand, sees 2025 as 'AI Year' for group
Foxconn Technology's (FXCOF) third quarter revenue jumped 20% year-over-year, and the company sees 2025 as "AI Year" for the group.
Foxconn sees robust AI server demand, posts 14% rise in Q3 profit
Taiwan's Foxconn, the world's largest contract electronics maker, said on Thursday it expected robust growth in its artificial intelligence server business next year after reporting a better-than-expected 14% rise in quarterly profit.
International Business Times28d
GM, Foxconn To Move Production To Mexico
General Motors and Foxconn are about to announce their plans to move some production to Mexico, the country's deputy economy minister said on Wednesday. Vidal Llerenas, head of the industry and ...
AOL1mon
Foxconn is moving past the iPhone with a Mexico megafactory helping to make Nvidia chips
Liu later told reporters the new Foxconn plant would be built in Mexico. Foxconn controls about 40% of global market share for servers, and its jump in AI revenue could be a case of “right place ...
U.S. News & World Report29d
GM, Foxconn to Swap Imports to Mexico for Local Production, Official Says
MEXICO CITY (Reuters) - U.S. automaker General Motors and Taiwanese tech giant Foxconn will announce plans to swap out imports to Mexico for production in the country later this month, the ...