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Foxconn Q4: Chipmaker's revenue hits $64.72 billion
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.
Apple's iPhone assembler Foxconn sees 'record' Q4 revenue as AI demand soars
December 2024 revenue soared 42.31% year-over-year, while setting a record for the highest fourth quarter revenue ever. Fourth Quarter: The Apple (AAPL) supplier — which is formally known as Hon Hai Precision (OTCPK:HNHAF) (OTCPK:HNHPF) — said revenue in the fourth quarter grew 15.
Foxconn Q4: Chipmaker's revenue hits $64.72 billion; beats estimates over high AI server demand
Phone assembly giant Foxconn's revenue surged to $64.72 billion, beating analyst estimates due to high AI server demand in the current market, reported the news agency Reuters.
The Register on MSN
1d
Demand for AI servers sees Foxconn fly and suppliers come along for the ride
This matters because Foxconn is the world’s top contractor manufacturer for electronics, and counts Apple, HP, and Dell among ...
1d
on MSN
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 ...
Mobile World Live
2d
Foxconn books record sales in Q4
Foxconn ended 2024 by recording its fastest monthly revenue gains for the year in December as well as record sales in Q4.
2d
Why TSMC, KLA, and Lam Research Stocks All Popped on Monday
Good news from Taiwan's Hon Hai Precision Industry company (better known as Foxconn) spread to the benefit of semiconductor ...
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