Foxconn beats estimates with record fourth-quarter revenue

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.
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 far more room to run.
TSMC's fourth-quarter revenue handily beats market forecast on AI demand
TSMC , the world's largest contract chipmaker, reported on Friday fourth-quarter revenue that easily beat market forecasts and hit its own expectations as it reaped the benefit of artificial intelligence demand.
S&P 500 Gains and Losses Today: Chip Stocks Jump as Foxconn Spotlights AI Demand
Key Takeaways The S&P 500 added 0.6% on Monday, Jan. 6, led by a surge in semiconductor stocks as the first full week of the new year began.Teradyne shares pushed higher as Northland Securities analysts highlighted upside potential for the company's electronic testing equipment.
Apple's iPhone assembler Foxconn sees 'record' Q4 revenue as AI demand soars
Foxconn's fourth quarter 2024 revenue surged 15.17%, setting a record for the highest revenue ever, driven by strong demand in AI.
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.
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.
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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 ...
Apple and Nvidia chip supplier TSMC’s sales top estimates, boosting AI’s 2025 outlook
The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.
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 ...
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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 ...
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Foxconn, NVIDIA Partner to Develop Humanoid Robot Service
Foxconn had earlier partnered with NVIDIA to leverage its EV ambitions and proposed building Taiwan’s fastest AI ...
Trump announces $20B plan to build new data centers in the US
President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property ...
Nvidia Highlights AI Chips Powering PUBG, Robotics 'ChatGPT Moment,' Automotive Expansion And More At CES Event
Nvidia Corp (NASDAQ:NVDA) maintains an upward stock trajectory this week after a power-packed start with the Consumer ...
Heard on the Street Monday Recap: Foxy
Semiconductor and artificial intelligence stocks continue to find reasons to rally in 2025. The latest impetus was a strong sales report from Taiwan’s Foxconn, formally known as Hon Hai Precis ...