Phone assembly giant Foxconn's revenue surged to $64.72 billion, beating analyst estimates due to high AI server demand in the current market, reported the news agency Reuters.

December 2024 revenue soared 42.31% year-over-year, while setting a record for the highest fourth quarter revenue ever. Fourth Quarter: The Apple (AAPL) supplier — which is formally known as Hon Hai ...

Robust AI server demand led to strong revenue growth for its cloud and networking products division, said Foxconn, whose customers include AI chip firm Nvidia ...

Nvidia ( NASDAQ:NVDA) looks set to pull in $9 billion from its Blackwell chip lineup in Q4 (January 2025), well above UBS's ...

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Strong demand for AI servers set Taiwan’s Foxconn to a record fourth-quarter revenue. In a statement, the company said its ...

Foxconn's earnings release comes just a week after Microsoft announced that it expects to spend $80 billion on AI data center ...

The world's largest contract electronics manufacturer reported on Sunday a 15.2% increase in revenue for Q4 2024, reaching T$2.13 trillion ($64.72 billion). This slightly surpassed the T$2.1 trillion ...

Taiwan Semiconductor Manufacturing Co. posted fourth-quarter revenue that beat Wall Street estimates as the company keeps gaining from the artificial intelligence (AI) boom.

Foxconn beat the LSEG SmartEstimate of T$2.1 trillion. The company is the biggest assembler of Apple iPhones in the world, and it also has big tech clients like Nvidia as customers. The iPhone ...

Foxconn Technology's (OTCPK:FXCOF) December 2024 revenue soared 42.31% year-over-year, while setting a record for the highest fourth quarter revenue ever. The revenue jumped 15.03% compared to the ...