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, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.
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.
Apple's iPhone assembler Foxconn sees 'record' Q4 revenue as AI demand soars
Foxconn's fourth quarter 2024 revenue surged 15.17%, setting a record for the highest revenue ever, driven by strong demand in AI.
Stocks surge Monday with CES on deck, Foxconn record revenues
Stocks popped to start the first full week of 2025, as investors eyed technology innovations and a report circulated that the incoming presidential administration might scale back tariff plans. The broad S&P 500 index rose 1.
Nvidia Stock Climbs To Record Close Monday
Key Takeaways Nvidia shares climbed to close at an all-time high Monday.The gains came after Nvidia supplier Foxconn posted record fourth-quarter revenue.CEO Jensen Huang is also set to deliver the opening keynote at a major consumer electronics show Monday evening.
NVIDIA Hits All-Time High After Foxconn Reports Record-Breaking Q4 Sales
NVIDIA's stock hit a record high, driven by Foxconn's strong Q4 sales and anticipation of new AI chip announcements at CES 2025.
Nvidia, Micron lead charge as semi stocks climb higher on Foxconn's record revenue
Nvidia (NASDAQ:NVDA) jumped during early market action on Monday after Foxconn Technology (OTCPK:FXCOF) reported its highest fourth quarter revenue on record. Foxconn said due to strong demand from AI servers,
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 ...
Foxconn wants a bigger cut of India's production incentive subsidies
Apple's iPhone assembly partner Foxconn has asked the Indian government for larger payments from a manufacturing fund, ...
Foxconn acquires 20 acres near its Mount Pleasant complex. No plans have surfaced yet for the lots
The parcels were recently transferred from the Village of Mount Pleasant to Fewi Development Corp. No plans for the site have ...
Digi Times1d
Foxconn and Dixon reportedly urge Indian government to deliver promised subsidies after meeting production targets
Foxconn and Dixon Technologies are seeking substantial subsidies under India's incentive scheme, highlighting potential ...
Foxconn, Dixon Urge India to Pay Pending Production Subsidies
Apple Inc. supplier Foxconn Technology Group and Dixon Technologies India Ltd. are asking India to pay them billions of ...
S&P 500 Gains and Losses Today: Chip Stocks Jump as Foxconn Spotlights AI Demand
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 got ...
Amid Nvidia's CES 2025 Buzz, Investors Overlooked Apple Supplier Foxconn's Strong Q4, Says Jim Cramer
Leading market analysts highlighted Foxconn's surprise Q4 performance, with Jim Cramer suggesting investors may have ...
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Foxconn stops sending Chinese workers to India iPhone factories
In addition, equipment shipments are delayed, potentially disrupting next-generation iPhone production in India.