Nvidia, TSMC, Other AI Chip Stocks Surge as Foxconn
Jan 6, 2025 · Foxconn, whose formal name is Hon Hai Precision Industry, attributed the gains strong demand from AI servers. Shares of Nvidia, AMD, TSMC, and ASML are all rising.
Nvidia, chip stocks climb on Foxconn results, AI server demand
Jan 6, 2025 · Global semiconductor stocks climbed Monday after contract electronics giant Foxconn announced record fourth-quarter revenue, suggesting the artificial intelligence boom has far more room to run.
Foxconn beats estimates with record fourth-quarter revenue on AI …
Jan 5, 2025 · Taiwan's Foxconn , the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial...
Foxconn to Build AI Factories with NVIDIA Omniverse Platform
Nov 19, 2024 · Omniverse adoption at the Hsinchu factory will be scaled out to worldwide Foxconn factories. Meanwhile, advancements in the Mexico factory enable the implementation of NVIDIA Omniverse, NVIDIA I saac for robotics, NVIDIA Modulus for AI-driven simulations, and OpenUSD for data interoperability.
Foxconn Hits Record Revenue of $64.7 Billion in Q4, Fuelled by AI ...
Jan 6, 2025 · Driven by booming orders for artificial intelligence (AI) servers, the world's largest contract electronics manufacturer, Foxconn (FXCOF, Financial), says revenue posted over the latest...
Foxconn's $1.5B Windfall: How AI is Powering an Unstoppable …
Nov 14, 2024 · Foxconn (FXCOF) 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...
Foxconn geared up for AI applications and regional …
5 days ago · Foxconn Group (Hon Hai) is positioning itself for expanded AI applications and regionalized production in 2025, with projections to surpass NT$7 trillion (US$214.38 billion) in annual revenue ...
Foxconn's Q3 profit soars on AI server demand, sees 2025 as 'AI …
Nov 14, 2024 · 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%.
NVIDIA Partners With Foxconn to Build Factories and Systems for the AI ...
Oct 17, 2023 · Foxconn will integrate NVIDIA technology to develop a new class of data centers powering a wide range of applications — including digitalization of manufacturing and inspection workflows, development of AI-powered electric vehicle and robotics platforms, and a growing number of language-based generative AI services.
Foxconn Sees Robust AI Server Demand, Delays EV Target - U.S. News
Nov 14, 2024 · TAIPEI (Reuters) -Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade...