Foxconn, also known as Hon Hai Technology Group, reported a 27% rise in quarterly profits as demand for AI servers grows. The ...

Hon Hai Precision Industry Co. posted a better-than-projected 27% rise in profit over the June quarter and projected accelerating sales growth from its key AI server business.

Foxconn expects AI-server revenue to surge more than 170% year-over-year this quarter as demand for Nvidia (NASDAQ:NVDA ...

The company said artificial intelligence server revenue is expected to leap more than 170% year-on-year in the coming quarter ...

Hon Hai Precision Industry Co (鴻海精密) yesterday reported that net profit last quarter rose 27 percent from the same quarter ...

The July Producer Price Index rose 0.9% M/M, miles ahead of the 0.2% increase expected and June's unrevised flat reading.

Taiwan’s Foxconn, the world’s largest contract electronics maker, is expected to report on Thursday that second-quarter profit rose 11 percent on continued strong demand for artificial intelligence ...

The Taiwanese company, formally known as Hon Hai Precision Industry, on Thursday said its second-quarter net profit rose 27% to 44.36 billion New Taiwan dollars, equivalent to US$1.48 billion, beating ...

TAIPEI -- Foxconn earned more from its AI server business than from Apple-related products for the first time ever in the second quarter, an important milestone for the iPhone assembler as it attempts ...

The AI boom helped Apple supplier Foxconn earn more from manufacturing servers than smartphones for the first time, marking a milestone in its efforts to reduce its dependency on the low-margin ...