This is a Foxconn news story, published by CNBC, that relates primarily to Hon Hai Precision Industry news.
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largest semiconductor manufacturerCNBC
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85% Informative
Hon Hai Precision Industry , which does business as Foxconn internationally, reported revenue of 2.1 trillion New Taiwan dollars ( $63.9 billion ) in the fourth quarter of 2024 , up 15% year-over-year.
Foxconn 's bumper sales performance was heavily driven by growth in cloud and networking products, which includes AI servers like those designed by chipmaker Nvidia .
Shares of several semiconductor firms across Asia , Europe and the U.S. rose on Monday , with the world's largest chipmaker TSMC hitting a record high.
VR Score
92
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