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Foxconn reports record revenue in 2024
Foxconn beats estimates with record fourth-quarter revenue on AI demand
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 (AI) servers.
Nvidia, TSMC, Other AI Chip Stocks Surge as Foxconn Posts Record Revenue
Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.
Chip stocks soar as solid earnings from top tech manufacturer Foxconn point to big AI demand
Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.
The Economist
7h
Foxconn and other gadget-makers are expanding their empires
Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers ...
Hosted on MSN
2d
Demand for AI servers sees Foxconn fly and suppliers come along for the ride
Record quarterly revenue at contract manufacturing giant suggests strong demand for hardware of all sorts Foxconn has singled ...
3d
on MSN
Why AI Chip Stocks Broadcom, Marvell, and Arm Holdings Rallied Again Today
AI-related chip stocks sold off a bit during the last couple of weeks of 2024, but they got a lift Friday on signs of strong ...
2d
on MSN
CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and ...
11h
TSMC To Deliver A Robust Quarter
TSMC is entering an unprecedented growth phase, driven by accelerating AI infrastructure demand. Check out why I reiterate a ...
1d
Trump announces Emirati businessman will invest $20B in US data centers
President-elect Donald Trump today announced that Emirati billionaire Hussain Sajwani will invest $20 billion to build new ...
3d
on MSN
Global chip stocks climb as Foxconn's bumper results show a continuation of the AI boom
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has ...
2d
on MSN
Analysts zero in on Nvidia after Consumer Electronics Show surprises
Related: Veteran fund manager reveals shocking Nvidia stock price target for 2025 The owners formed the first inspection ...
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