Foxconn third-quarter revenue jumps 47% y/y, beats market forecast
The company said AI-related operations and smart consumer electronics drove revenue above market estimates, while September revenue hit a record T$1.16 trillion.
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Foxconn third-quarter revenue jumps 47% y/y, beats market forecast - Regional Media News
TAIPEI, Oct 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Nvidia's biggest server maker, reported on Monday a jump of 47% in third-quarter revenue year on year that beat market forecasts, fuelled by strong AI-related demand. Revenue for the quarter from [...]
Foxconn third-quarter revenue jumps 47% y/y, beats market forecast
TAIPEI, Oct 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Nvidia's biggest server maker, reported on Monday a jump of 47% in third-quarter revenue year on year that beat market forecasts, fuelled by strong AI...
Sales at Taiwanese company Hon Hai Precision Industry, also known as Foxconn, surged 47 percent in the third quarter, a sign that the AI investment frenzy has yet to abate.
Foxconn’s Q3 revenue tops estimates as AI server demand surges
Foxconn's shift towards AI server production highlights the growing importance of AI infrastructure, impacting global tech supply chains. The post Foxconn’s Q3 revenue tops estimates as AI server demand surges appeared first on Crypto Briefing .
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