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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.
The Motley Fool
55m
JD.com Surpasses EPS, Q3 Revenue Grows
JD.com reported strong revenue growth for
Q3
2024, although marketing costs increased significantly. The company showcased ...
1h
Aegean Airlines Q3 net profit drops as international traffic falls
Greece's largest carrier, Aegean Airlines , on Thursday posted a 19% fall in quarterly net profit, citing the suspension of ...
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 ...
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 ...
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 ...
13h
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 ...
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 ...
The Motley Fool
21h
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 ...
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 ...
WeLiveSecurity
8m
ESET APT Activity Report Q2 2024–Q3 2024: Key findings
ESET Chief Security Evangelist Tony Anscombe gives a snapshot of some of the most intriguing insights revealed in the latest ...
20h
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 ...
1d
SoundHound Q3 Earnings: A Busted SPAC Riding AI Hype
SoundHound AI, Inc. went public during the COVID-era de-SPAC boom, and the share price has been on a roller coaster ride over ...
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