Foxconn's stock has benefited from the artificial-intelligence boom, with shares more than doubling this year. However, its shares dropped 12% in the third quarter amid market volatility and fears of ...
Foxconn's AI-server sales exploded over 200% in 2024, turning its cloud and networking business into a cash cow contributing 32% of total revenue. While consumer electronicsa.k.a. iPhonesstagnated, AI ...
Taiwanese tech giant Foxconn on Thursday (Nov 14) reported a forecast-topping net profit for the third quarter on robust demand for artificial intelligence servers and said it expected 2025 to be the ...