Nvidia, chip stocks climb on Foxconn results, AI server demand
5 days ago · Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.
Nvidia, TSMC, Other AI Chip Stocks Surge as Foxconn
4 days ago · 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.
Demand for AI servers sees Foxconn fly and suppliers spike
3 days ago · Foxconn has singled out AI servers as a reason for its record revenue, and its suppliers’ share prices surged on the news. The contract manufacturer, formally known as Hon Hai Precision Industry Co, posted its December 2024 results on Sunday with the first-mentioned figure being unaudited consolidated revenue of NT$654.8 billion ($20 billion) – which represented a 2.64 percent month-over ...
Foxconn beats estimates with record fourth-quarter revenue on AI …
5 days ago · 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 intelligence ...
Foxconn Hits Record Revenue of $64.7 Billion in Q4, Fuelled by AI ...
4 days ago · Foxconn's total revenue reached T$654.8 billion in the month of December, up 42.3% year on year and the company's second-highest revenue generated in one month, as the Chinese tech manufacturing ...
Foxconn Posts Highest Ever Fourth-Quarter Revenue on Strong AI …
4 days ago · Foxconn, an assembler of Apple and Nvidia products formally known as Hon Hai Precision Industry, said Sunday that quarterly revenue rose 15% on the year to 2.132 trillion New Taiwan dollars ...
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 sees robust AI server demand, delays EV target
Nov 13, 2024 · 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....
Hon Hai Technology Group (Foxconn) Showcases AI Solutions for …
Mar 19, 2024 · Foxconn subsidiary Ingrasys Technology Inc is exhibiting a comprehensive, future-proof AI total solution powered by NVIDIA technology, empowering customers to build their ideal AI data centers.
Taiwan’s Foxconn to build ‘AI factories’ with Nvidia
Oct 18, 2023 · Taiwan’s Foxconn says it plans to build artificial intelligence (AI) data factories with technology from American chip giant Nvidia, as the electronics maker ramps up efforts to become a major...