News

Foxconn Profit Beats on Solid AI Hardware Sales

The business segment that includes AI servers became Foxconn’s top revenue contributor for the first time, overtaking the ...

Foxconn’s AI Servers Out-Earn iPhones for First Time

Foxconn has hit a turning point. For the first time, it has made more money from building AI servers than from assembling ...
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Foxconn targets NT$1 trillion in AI server sales for 2025, triple-digit 3Q growth ahead

Hon Hai Precision Industry, better known as Foxconn, expects its AI server revenue to grow more than 170% year-on-year in the ...

Apple Supplier Foxconn Doubles Down On AI: Server Sales Now 41% Of Revenue

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

SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project

Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...

SoftBank Buys Foxconn's Ohio Plant to Advance Stargate AI Push, Bloomberg News Reports

SoftBank, which has struggled to create a financial plan for Stargate, approached Foxconn to get the Apple supplier on board ...
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Exploring the potential impact of AI infrastructure on the local economy

It's likely the former Foxconn facility in Lordstown will host artificial intelligence infrastructure — but that could mean ...