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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.
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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 ...
Investing.com -- Morgan Stanley raised its price target on Apple supplier Foxconn (TW:2354) to NT$250 from NT$220, citing a stronger-than-expected ramp-up in its AI server business and better margin ...
Monarch's tractors were the only vehicles being built by Foxconn in Ohio after Lordstown Motors, Fisker Inc., and IndiEV went ...
Nvidia stock was edging up as Foxconn projected more than 170% growth in revenue from AI servers in the current quarter.
Foxconn Technology Group faced a mixed bag of challenges in the second quarter of 2025, with currency fluctuations and other ...
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 ...
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...
Quanta and Foxconn have both stated that shipments of AI servers using application-specific integrated circuits (ASICs) ...
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