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Foxconn's Q3 profit soars on AI server demand, sees 2025
Foxconn sees robust AI server demand, posts 14% rise in Q3 profit
Taiwan's Foxconn , the world's largest contract electronics maker, said on Thursday it expected robust growth in its artificial intelligence server business next year after reporting a better-than-expected 14% rise in quarterly profit.
Foxconn's Q3 profit soars on AI server demand, sees 2025 as 'AI Year' for group
Foxconn Technology's (OTCPK:FXCOF) third quarter revenue jumped 20% year-over-year, and the company sees 2025 as "AI Year" for the group. Q3 Metrics: The Apple (AAPL) supplier — which is formally known as Hon Hai Precision (OTCPK:HNHAF) (OTCPK:HNHPF) — said net profit (attributable to the owners of the parent company) soared 14% year-over-year to
Major Apple supplier Foxconn's Q3 profit up 14% on AI boom
Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday a better-than-expected 14% rise in quarterly profit underpinned by robust demand for artificial intelligence servers.
Seeking Alpha
2h
B. Riley Q3 Results Update: Expect Short-Term Debt To Be Repaid In Due Course
However, the filing included preliminary financial information for
Q3
/2024 with the recently monetized Brands operations ...
22h
Spotify teases a ‘super premium’ tier for superfans and upcoming video expansion in Q3 earnings call
Spotify CEO Daniel Ek has once again teased the company's long-delayed HiFi or "super premium" tier, a higher-qualify ...
Reuters
11h
Merck KGaA Q3 earnings rise faster than expected on lower costs
Financecategory Mizuho Q2 profit jumps 62%, outlook raised as rate hikes boost margins 6:56 AM UTC · Updated ago ...
14h
on MSN
Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up
Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with ...
The Motley Fool
22h
Oncology Institute Delivers a Mixed Q3
Revenue increased by 21.8% year-over-year, but fell short of analysts' expectations. Its net loss contracted slightly to ...
7h
Weitz Ultra Short Government Fund Q3 2024 Commentary
Ultra Short Government Fund returned +1.32% in the third quarter vs. +1.58% return for the ICE BofA US 6-Month Treasury Bill ...
2d
on MSN
Home Depot's Q3 results top Wall Street as pullback in consumer spending eases a bit
Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe ...
GM Authority
13h
Chevy Silverado Sales Trail Segment During Q3 2024
In the United States, Chevrolet Silverado deliveries totaled 129,302 units in
Q3
2024, a decrease of about 10 percent ...
8h
on MSN
South Africa's MTN service revenue falls 18.5% in Q3
Africa's biggest telecoms operator MTN Group reported on Thursday an 18.5% fall in service revenue in the third quarter ended ...
21h
Nvidia Q3 Pre-Earnings: High Bar, Higher Stakes, and Reasons to Stay Bullish
Nvidia’s (NVDA) third quarter earnings report is set to be released on November 20, and this could be the quarter with ...
Drovers Cattle Network
1h
JBS Raises Earning Estimates for 2024 After Record Net Revenue in Q3
After posting a record net revenue in the third quarter and a 571% increase in net income, year-over-year, JBS raised its ...
19h
on MSN
Rocket Lab stock surges almost 30% to near all-time high after company's Q3 results
Rocket Lab announced its first customer for its coming Neutron vehicle. The space infrastructure company reported ...
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