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Foxconn profits top forecast, driven by AI server sales
Hon Hai Technology Group, better known as Foxconn, is reporting that its second-quarter profits climbed due to its AI server sales, which are now making up the largest portion of revenue for the electronics giant, surpassing smartphones as its top revenue source.
Foxconn on Thursday forecast a significant rise in third-quarter revenue as the world's biggest iPhone maker said it had for ...
Foxconn Technology Group faced a mixed bag of challenges in the second quarter of 2025, with currency fluctuations and other ...
Foxconn has hit a turning point. For the first time, it has made more money from building AI servers than from assembling ...
Foxconn expects higher third-quarter revenue, it said on Thursday, on robust demand for artificial intelligence servers, ...
Quanta and Foxconn have both stated that shipments of AI servers using application-specific integrated circuits (ASICs) will ...
Nvidia stock was slipping despite Foxconn projecting more than 170% growth in revenue from AI servers in the current quarter.
Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that second-quarter ...
Monarch's tractors were the only vehicles being built by Foxconn in Ohio after Lordstown Motors, Fisker Inc., and IndiEV went ...
Foxconn four years ago promised to bring 13,000 high-tech jobs to Wisconsin and create a massive Racine County facility that former Gov. Scott Walker and President Donald Trump, both Republicans ...
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Nvidia partner Foxconn reports strong surge in AI server sales
Hon Hai Precision Industry (Foxconn) reported a 27% increase in Q2 profits, driven by sales in its AI server business. The ...
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...
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