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Manufacturer to the stars Foxconn is building so many AI servers that they’re now bringing in more cash than consumer ...
Foxconn (Hon Hai Precision) reported Q2 2025 revenue of TWD 1.79 trillion, up 16% YoY, while net profit rose 27% to TWD 44.4 billion, both record highs for the period. AI server sales climbed over 60% ...
Foxconn has hit a turning point. For the first time, it has made more money from building AI servers than from assembling ...
Teco Electric and Machinery recently formalized a strategic share swap agreement with Foxconn, aiming to leverage emerging ...
The deal talks follow President Trump's public call for the replacement of CEO Lip-Bu Tan over his ties to Chinese businesses. Lyft's co-founders Logan Green and John Zimmer are stepping down from ...
The landscape of employment worldwide continues to evolve in 2025, highlighting the significant roles played by both ...
Cloud computing firm CoreWeave tumbled as torrid growth in its AI-tailored data-center business still failed to meet sky-high investor expectations. The company's debt costs generated a ...
Hon Hai Technology Group, better known as Foxconn, is reporting that its second-quarter profits climbed due to its AI server ...
10h
TaiwanPlus on MSNFoxconn Quarterly Profits Jump 27% on AI Server Demand
Foxconn, also known as Hon Hai Technology Group, reported a 27% rise in quarterly profits as demand for AI servers grows. The ...
Nvidia stock was slipping despite Foxconn projecting more than 170% growth in revenue from AI servers in the current quarter.
Foxconn plans to cease production of electric, self-driving tractors at its Lordstown plant for California manufacturer Monarch Tractor.
The July Producer Price Index rose 0.9% M/M, miles ahead of the 0.2% increase expected and June's unrevised flat reading.
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