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Foxconn profits top forecast, driven by AI server sales
Hon Hai Technology Group, better known as Foxconn, is reporting that its second-quarter profits climbed due to its AI server sales, which are now making up the largest portion of revenue for the electronics giant, surpassing smartphones as its top revenue source.
Taiwanese manufacturer Foxconn generated more revenue from the production and sale of AI servers than it did from consumer ...
Foxconn on Thursday forecast a significant rise in third-quarter revenue as the world's biggest iPhone maker said it had for ...
Monarch's tractors were the only vehicles being built by Foxconn in Ohio after Lordstown Motors, Fisker Inc., and IndiEV went ...
Foxconn apparently sold its Lordstown, OH, EV factory to a company created just weeks before, while claiming it will maintain ...
Foxconn expects higher third-quarter revenue, it said on Thursday, on robust demand for artificial intelligence servers, ...
Foxconn has sold its Lordstown Assembly plant to an “existing business partner” but will continue to occupy the factory.
Nvidia stock was edging up as Foxconn projected more than 170% growth in revenue from AI servers in the current quarter.
Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that second-quarter ...
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...
A statement from the global electronics manufacturer, with operations in six U.S. states, did not include an announcement of ...
Foxconn Technology Group faced a mixed bag of challenges in the second quarter of 2025, with currency fluctuations and other ...
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