Apple Inc. (NASDAQ:AAPL) and Nvidia Corp. (NASDAQ:NVDA) supplier Foxconn, also known as Hon Hai Technology, posted record revenue in the fourth quarter driven by higher cloud and networking products revenue and strong demand from AI servers. What Happened: According to the company’s unaudited monthly revenue report for December, Foxconn’s fourth-quarter revenue rose 15.17% annually and 15.03% sequentially to a record high of NT$2,132.3 billion o…

Channel News Asia

Singapore

Foxconn beats estimates with record fourth-quarter revenue on AI demand

TAIPEI: 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. Revenue for Apple's biggest iPhone assembler jumped 15.2 per cent to NT$2.13 trillion US($

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Government of Singapore

Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter.

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CNBC

Roberts family

United States

Benzinga

New York

Apple Supplier Foxconn Posts Record Revenue, Rides High On AI Server Demand And Nvidia Partnership - NVIDIA (NASDAQ:NVDA)

Nvidia CEO Jensen HuangSlaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BIChip stocks surged on Monday after Foxconn's earnings pointed to strong demand for AI servers.The company reported a record $64.75 billion in revenue for the fourth quarter, up 15% from a year earlier.Nvidia, AMD, Micron, Taiwan Semiconductor Manufacturing, and ASML all gained.Chip stocks are starting the week off on a high note after tech manufacturer F…

Business Insider

Chip stocks soar as solid earnings from top tech manufacturer Foxconn point to big AI demand

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ORF.at News

Vienna

Austria

AI boom drives Foxconn's quarterly sales

TAIPEI (Reuters) -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. Revenue for Apple’s biggest iPhone assembler jumped 15.2% to T$2.13 trillion ($64.72 billion), Foxconn said in a statement on Sunday. It was also ahead of a T$2.1 trillion LSEG SmartEstimate, which gives greater weight to …

WTVB

Midwest Communications

Foxconn earnings offer upbeat signs about the Blackwell ramp, and Nvidia CEO Jensen Huang’s upcoming CEO keynote could further support the semiconductor sector.

MarketWatch

Murdoch family

Nvidia’s stock heads for record close as AI chip trade reloads for fresh run higher

The global chip market is projected to grow 11.2 percent to a record $697.18 billion in 2025, boosted by robust demand for semiconductors for use in artificial intelligence-powered smartphones and data centers, according to an industry organization forecast.

Kyodo News+

Japan

Global chip demand expected to grow 11.2% to record $697 bil. in 2025

TOKYO: The global chip market is projected to grow 11.2 percent to a record US$697.18 billion in 2025, boosted by robust demand for semiconductors for use in artificial intelligence-powered smartphones and data centers, according to an industry organisation forecast.
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New Strait Times

Media Prima

Malaysia

Global chip demand expected to grow 11.2pct to record US$697bil in 2025

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Techmeme

California

Foxconn reports Q4 revenue of ~$64.6B, up 15% YoY vs. est. of a 13% rise, boosted by data center spending, with December 2024 bringing in ~$19.8B, up 42% YoY

Apple Supplier Foxconn Posts Record Revenue, Rides High On AI Server Demand And Nvidia Partnership - NVIDIA (NASDAQ:NVDA)

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