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.
TSMC breaks record with December revenue backed by relentless AI demand
TSMC is making headlines again with its AI exploits. The world’s largest chipmaker raked in 868.5 billion New Taiwan dollars ($26.3 billion) in revenue for
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 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.
Foxconn reports record revenue in 2024, driven by AI product demand and GB200 shipments
Foxconn reported a record revenue of NT$654.825 billion (approx. US$19.91 billion) in December 2024, thanks to the initial shipments of GB200-related products. This boost contributed to a total annual revenue of NT$6.
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.
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.
The Economist1d
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 ...
Why AI Chip Stocks Broadcom, Marvell, and Arm Holdings Rallied Again Today
Shares of artificial intelligence (AI) chipmakers like Broadcom ( AVGO -3.29%), Marvell Technology ( MRVL -2.34%), and Arm Holdings ( ARM -2.06%) rallied on Monday. At one point, they were up by 4%, 4 ...
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 Nasdaq posted two straight days of gains.
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.
malaymail8h
TSMC chips in big: Revenue soars 33.9pc as AI demand powers growth
Taiwanese chip making giant TSMC said Friday its net sales rose by more than a third last year, beating its own forecast, as ...
Engineering News-Record19h
Microsoft Pauses Construction of Portions of $3.3B Wisconsin Data Center
Microsoft has paused some of the construction of a $3.3 billion data center in Mount Pleasant, Wisc. in order to potentially incorporate new designs.
Telecom Lead6h
Top 10 facts about TSMC’s latest financial results for 2024
TSMC has reported fourth-quarter 2024 revenue of T$868.42 billion ($26.36 billion). The revenue represents a 34.4 percent ...
Hon Hai: Consider Guidance Miss And EV Business Growth (Rating Downgrade)
Hon Hai Precision Industry's revenue growth guidance for the first quarter of this year didn't meet expectations. Find out why HNHAF is downgraded to a Hold.