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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.
The business segment that includes AI servers became Foxconn’s top revenue contributor for the first time, overtaking the ...
Nvidia stock was edging up as Foxconn projected more than 170% growth in revenue from AI servers in the current quarter.
Monarch's tractors were the only vehicles being built by Foxconn in Ohio after Lordstown Motors, Fisker Inc., and IndiEV went ...
Foxconn has sold its Lordstown Assembly plant to an “existing business partner” but will continue to occupy the factory.
TAIPEI (Taiwan News) — Foxconn posted Thursday a Q2 profit of NT$44.36 billion (US$1.48 billion), a record high for the ...
Foxconn apparently sold its Lordstown, OH, EV factory to a company created just weeks before, while claiming it will maintain ...
Taiwanese tech giant Foxconn has sold the former GM Lordstown assembly plant in Ohio that it bought in 2022 with intentions ...
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...
The Register on MSN1d
Forget Foxconn the iPhone factory. AI’s made it a server-slinger first and foremost
Next: Modular datacenters ready to host rack-scale systems, to meet endless demand Manufacturer to the stars Foxconn is ...
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