Foxconn's net profit rose 35% to NT$59.97 billion in the June quarter, beating forecasts, as AI server demand kept factories busy. Revenue climbed to NT$2.526 trillion, with cloud and networking produ…
Foxconn, formally known as Hon Hai Precision Industry Co., Ltd., reported record July revenue of T$900 billion ($27.93 billion), driven by surging AI server demand, marking the first time monthly reve…
Foxconn has adopted Singaporean hyperconverged infrastructure vendor Arcfra's Neutree platform for GPU virtualization workloads and to replace VMware in some remote offices, citing high costs and mana…
Foxconn Chairman Young Liu estimated that building a 1-gigawatt AI datacenter using NVIDIA's Vera Rubin architecture could cost up to $47 billion, with 3,557 racks at $9.1 million each and an annual e…
Shares of India-listed Schneider Electric Infrastructure surged 10% to hit the daily upper circuit on Monday after parent Schneider Electric announced a strategic collaboration with Foxconn to develop…
Foxconn Chairman Young Liu announced a strategic pivot toward AI server manufacturing, citing surging demand and a 30% increase in capital expenditure to $7.3 billion, as major cloud providers plan to…