'

Tag: I asked

Foxconn’s fourth-quarter revenue jumps 22% to a record high thanks to demand for AI
Stock Market

Foxconn’s fourth-quarter revenue jumps 22% to a record high thanks to demand for AI

Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record fourth-quarter revenue on Monday, driven by strong demand for artificial intelligence products.Revenue at Nvidia’s biggest server maker and Apple’s top iPhone assembler rose 22.07% from the same quarter last year to T$2.6028 trillion ($82.73 billion), Foxconn said in a statement. The results surpassed the LSEG […]

author
Nvidia shares rise more than 3% ahead of third-quarter earnings. This is what you can expect
Stock Market

Nvidia shares rise more than 3% ahead of third-quarter earnings. This is what you can expect

Nvidia stock will likely be in the spotlight when trading resumes on Wall Street today. The world’s most valuable company by market capitalization will announce its third-quarter results. According to analyst estimates, the company’s revenue rose 56% to $54.92 billion in the August-October quarter.The estimate was reported by Reuters, citing LSEG data. “It appears that […]

author