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Foxconn reported massive year-over-year growth of 42.3% in December, its highest figure of any month last year. Furthermore, the company noted its growth was primarily due to high demand for AI ...
Foxconn's shares jumped 76% last year, outperforming by far a 28.5% rise for the broader Taiwan market. They closed down 0.8% on Friday ahead of the revenue data release, compared with a 0.3% gain ...
Foxconn reported 15% sales growth in Q4 2024, to $63.9 billion, a number that CNBC characterized as "bumper sales performance." The implied strong demand for AI semiconductor chips launched shares ...
Chip stocks gained big on Monday, partly due to a solid earnings report from Foxconn, a contract manufacturer of chips and other devices. The company reported a 15% year-over-year growth in revenue.
Foxconn holds its earnings call at 3.00 p.m. in Taipei (0700GMT) on Tuesday, May 14. ($1 = 32.4020 Taiwan dollars) (Reporting by Ben Blanchard and Faith Hung; Editing by Edwina Gibbs)
TAIPEI (Reuters) -Apple supplier Foxconn on Wednesday surpassed expectations with a 6% rise in quarterly net profit, driven by a boom in demand for AI servers, and stood by its forecast for full ...
TAIPEI (Reuters) -Apple supplier Foxconn said on Thursday it expects revenue to increase significantly in 2024 following a slow start to the year amid booming demand for AI servers, after it ...
TAIPEI (Reuters) -Shares of Apple supplier Foxconn rose as much as 9.5% early on Friday to their highest in three years, a day after it reported a fourth-quarter profit that beat expectations and ...