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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.
The business segment that includes AI servers became Foxconn’s top revenue contributor for the first time, overtaking the ...
Foxconn expects AI-server revenue to surge more than 170% year-over-year this quarter as demand for Nvidia (NASDAQ:NVDA ...
Foxconn has hit a turning point. For the first time, it has made more money from building AI servers than from assembling ...
SoftBank, which has struggled to create a financial plan for Stargate, approached Foxconn to get the Apple supplier on board ...
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...
Taiwan's Foxconn, the world's largest contract electronics maker, posted a 27% rise in second-quarter profit, beating market ...
It's likely the former Foxconn facility in Lordstown will host artificial intelligence infrastructure — but that could mean ...
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