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Foxconn reports record revenue in 2024

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

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.

Investopedia · 1d

Nvidia, TSMC, Other AI Chip Stocks Surge as Foxconn Posts Record Revenue

Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.

Markets Insider on MSN · 1d

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

Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.

Hosted on MSN1d

Demand for AI servers sees Foxconn fly and suppliers come along for the ride

Record quarterly revenue at contract manufacturing giant suggests strong demand for hardware of all sorts Foxconn has singled ...

1don MSN

Why AI Chip Stocks Broadcom, Marvell, and Arm Holdings Rallied Again Today

Shares of artificial intelligence (AI) chipmakers like Broadcom ( AVGO 1.24%), Marvell Technology ( MRVL 0.80%), and Arm Holdings ( ARM 5.83%) rallied on Monday. At one point, they were up by 4%, 4.4% ...

1don MSN

CNBC Daily Open: The AI sector still has legs to run

Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and ...

1don MSN

Stock market today: Tech rallies as AI names lead markets higher ahead of CES event

Chip stocks rose sharply on Monday, partly due to a solid earnings report from Foxconn, which pointed to continued AI demand.

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