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Foxconn's Q3 profit soars on AI server demand, sees 2025
Foxconn sees robust AI server demand, delays EV target
Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the U.S. and China,
Foxconn Profit Beats on Robust AI Server Demand
Revenue rose 20% to NT$1.855 trillion, a record for the period.
AI
-
server
sales grew over 200% in the first nine months of the year and are expected to be the biggest driver of Foxconn’s business in 2025, Chairman Young Liu said during the earnings call.
Foxconn in robust Q3 performance driven by strong demand for AI servers
Foxconn, the world’s largest contract electronics maker reported better-than-expected third-quarter financials on firm demand for AI servers.
1h
Super Micro Computer Stock Sank Again Today -- Is the Beaten-Down AI Stock Cheap Enough to Buy Now?
After riding high on surging AI-related demand to start 2024, Supermicro has seen a precipitous valuation decline. Along with huge sell-offs for the stock, the strong sales and earnings growth the ...
5h
AI Market Trends: Key Insights & How Enterprises Should Adapt
AI market trends reveal key shifts in regulation, data, and innovation. Experts share how enterprises should adapt to stay ...
Digi Times
2d
Will ZT, Supermicro lose AI server orders? Experts say order transfer not easy
Recent negative media coverage of US AI server companies ZT and Supermicro, both Nvidia clients, has raised supply chain ...
Computer Weekly
1d
Server manufacturers ramp-up edge AI efforts
There has been a spate of developments in the server space, as manufacturers focus on supporting inference workloads at the ...
Network World
1d
IBM preps Power servers with AI support, new processor
According to IBM, the Spyre Accelerator significantly boosts speed and accuracy of AI processing capabilities for the Power ...
Automation
1d
Innodisk Launches E1.S SSD to Support Next-Generation Edge Computing and AI Advancements
The E1.S has been validated for next-gen industrial computers and edge servers, including integration into NVIDIA’s MGX short ...
Digi Times
2d
Apple may seek Foxconn's global capacity for AI servers
The rise of ChatGPT and other
AI
applications has driven IT companies to develop their own
AI
chips and servers, to meet ...
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