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.
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.
World's biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
For 2024, TSMC's revenue totaled 2.9 trillion New Taiwan Dollars, its highest annual sales since going public in 1994. Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom.
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.
Apple Supplier Foxconn Posts Record Revenue, Rides High On AI Server Demand And Nvidia Partnership
Apple and Nvidia supplier Foxconn posted a record topline in Q4 driven by higher cloud and networking and strong demand from AI servers.
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.
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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