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AI servers

Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

by Anas Siddiqui
Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted …

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Foxconn finally hits 8-year stock target set out by billionaire founder Terry Gou

by Anas Siddiqui
Foxconn finally hits 8-year stock target set out by billionaire founder Terry Gou

Annual general meetings (AGMs) in past years had featured shareholders asking Gou when his famous target would be attained. This year’s AGM showed how the company has evolved in new …

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