Foxconn's Q3 profit soars on AI server demand, sees 2025

Foxconn, the contract electronics maker, is set to report a 7 per cent year-on-year increase in third-quarter profit, driven by strong demand for artificial intelligence (AI) servers. The company, ...
Apple supplier Foxconn reported on Thursday a 14% rise in third-quarter net profit, driven by strong AI server demand.
Foxconn’s third-quarter revenue jumped 20 per cent year-on-year (YoY), driven by demand for AI servers. This helped the ...
Nvidia's strong AI demand and Blackwell Superchips drive massive growth. Learn why NVDA stock is a Strong Buy with sustained ...
Foxconn's AI-server sales exploded over 200% in 2024, turning its cloud and networking business into a cash cow contributing 32% of total revenue. While consumer electronicsa.k.a. iPhonesstagnated, AI ...
Taiwanese tech giant Foxconn on Thursday (Nov 14) reported a forecast-topping net profit for the third quarter on robust demand for artificial intelligence servers and said it expected 2025 to be the ...