Taiwan - Delayed Quote ? TWD Hon Hai Precision Industry Co., Ltd. (2317.TW) Follow Compare 207.00 -4.50 (-2.13%) At close: 1:30 PM GMT+8 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Nvidia Stock Rises. The Chip Sector Finally Got Some Good News. Nvidia shares gain as ASML and Foxconn both say they still see strong signs of demand for artificial-intelligence semiconductors. Barrons.com ? 15 hours ago NVDA ASML 2317.TW -2.13% Foxconn's $1.5B Windfall: How AI is Powering an Unstoppable Profit Boom The world's largest electronics maker is betting big on AI servers, Nvidia chips, and global expansion. GuruFocus.com ? 17 hours ago 2317.TW -2.13% Analysts revise Nvidia stock price targets as supply players update outlook Key supply-chain players updated their AI-demand outlooks ahead of Nvidia's fiscal-third-quarter earnings next week. TheStreet ? 17 hours ago NVDA TSM 2317.TW -2.13% Nvidia Partners Hon Hai, Quanta See Strong AI Demand Into 2025 (Bloomberg) -- Nvidia Corp.’s Taiwan hardware partners Hon Hai Precision Industry Co. and Quanta Computer Inc. are forecasting a boom in AI server demand to continue into next year.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsKey iPhone assembler Hon Hai, also know as Bloomberg ? 20 hours ago 2317.TW -2.13% Foxconn Profit Beats on Robust AI Server Demand The contract electronics maker reported better-than-expected profit for the third quarter as the artificial-intelligence boom drove demand for AI servers. The Wall Street Journal ? 21 hours ago HNHAF HNHPF Foxconn sees robust AI server demand, delays EV target TAIPEI (Reuters) -Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the U.S. and China, it said on Thursday. U.S. President-elect Donald Trump has threatened to put a 10% tariff on all U.S. imports and a 60% levy on Chinese-made products, a move that could impact both Foxconn, whose Zhengzhou plant in China is a major iPhone assembly location, as well as its key client Apple. The world's largest contract electronics maker has already been diversifying its supply chain, expanding production in India in particular. Reuters ? yesterday 2317.TW -2.13% Foxconn sees robust AI server demand, posts 14% rise in Q3 profit TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, said on Thursday it expected robust growth in its artificial intelligence server business next year after reporting a better-than-expected 14% rise in quarterly profit. The firm, a key supplier to Apple and Nvidia, kept its 2024 guidance of "significant" sales growth and forecast AI servers would account for 50% of its total server revenue next year. Foxconn said last month it was building the world's largest manufacturing facility in Mexico for bundling Nvidia's GB200 superchips, a key component of the U.S. firm's next-generation Blackwell family computing platform. Reuters ? yesterday 2317.TW -2.13% Apple Inc. (AAPL) Explores AI Server Partnership with Foxconn to Boost Internal Computing Power Amid Growing Demand We recently compiled a list of the 11 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against the other AI stocks. Investors are eagerly waiting for the election results in the United States as they seek to adjust their money […] Insider Monkey ? 7 days ago AAPL 2317.TW -2.13% Nintendo Switch, Foxconn, Saudi Aramco: 3 Stories In Focus Nintendo (NTDOY, 7974.T), the creator of hit video game franchises Super Mario Bros. and The Legend of Zelda, has cut its full year revenue forecast upon declining demand for its Switch console. Apple (AAPL) iPhone manufacturer Foxconn — which operates as Hon Hai Precision Industry (2317.TW) — saw October sales growth fall short of expectations. Saudi Aramco (2222.SR) reported third quarter profit declines as OPEC+ oil product cuts weigh on crude oil prices (CL=F, BZ=F). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 9 days ago HNHAF HNHPF NTDOF Foxconn says Oct revenue +8.59% y/y, Q4 outlook good Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Tuesday reported revenue for October rose 8.59% year-on-year to reach the highest on record for the month at T$804.8 billion ($25.20 billion). "Looking ahead to the fourth quarter, operations are anticipated to show both quarterly and yearly growth," the company said in a statement, without giving details. ($1 = 31.9310 Taiwan dollars) Reuters ? 9 days ago 2317.TW -2.13% Foxconn subsidiary seeks $80 million Vietnam investment for integrated circuits Taiwanese giant Foxconn's subsidiary Shunsin <6451.TW> is seeking a permit to invest $80 million in northern Vietnam to produce integrated circuits, according to a document from Vietnam's environment ministry. The proposed plant in Bac Giang province will focus on producing and processing electronic components, specifically integrated circuit boards, the document said. It is majority owned by a unit of Foxconn, the world's largest contract electronics maker and assembler. Reuters ? 11 days ago HNHPF Update: Market Chatter: General Motors, Foxconn to Turn Imports to Mexico Into Local Production Update: Market Chatter: General Motors, Foxconn to Turn Imports to Mexico Into Local Production PREMIUM MT Newswires ? 28 days ago 2317.TW -2.13% GM, Foxconn to swap imports to Mexico for local production, official says U.S. automaker General Motors and Taiwanese tech giant Foxconn will announce plans to swap out imports to Mexico for production in the country later this month, the nation's deputy economy minister said on Wednesday. The government is also in talks with other major firms such as DHL and Stellantis to see which products could be produced in Mexico, Vidal Llerenas, who heads industry and trade for the ministry, said. Meanwhile, Intel has already committed to substitute 12% of imports of some parts such as heat sinks and thermal trays, Llerenas said. Reuters ? 29 days ago 2317.TW -2.13% China Probes Taiwan Staff at iPhone City for Alleged?Bribery (Bloomberg) -- Chinese authorities are investigating four Taiwanese employees at Hon Hai Precision Industry Co., Apple Inc.’s main assembly partner, for suspected criminal activities including bribery, according to Beijing’s Taiwan Affairs Office.Most Read from BloombergInside the ‘Utopias’ of Mexico CityHow Mexico City Averted All-Out DroughtOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedMexico Seeks to Halve Permitting Time to Attract More FactoriesDubai’s Allure to Expats Bloomberg ? last month 2317.TW -2.13% AAPL Analyst revamps Nvidia stock price target after investor meetings Here’s what could be next for Nvidia stock. TheStreet ? last month NVDA 2317.TW -2.13% China Detains Four Taiwanese Employees at Apple’s ‘iPhone City’ (Bloomberg) -- Chinese police have taken into custody four Taiwanese employees at Hon Hai Precision Industry Co., Apple Inc.’s main assembly partner, the latest in a spate of detentions that have rattled investor confidence in the country.Most Read from BloombergHow Mexico City Averted All-Out DroughtDubai’s Allure to Expats Is Weighing on City’s InfrastructureInside the ‘Utopias’ of Mexico CityThe Master Plan That Shaped Pakistan’s Capital Is No Longer WorkingWhat It Takes to Make City Solution Bloomberg ? last month 2317.TW -2.13% AAPL An ASML exclusive and Foxconn in Mexico Hello everyone, this is Cissy in Hong Kong.In China, there’s a saying that when inexperienced investors start playing the stock market, it’s... PREMIUM Financial Times ? last month 2317.TW -2.13% Nvidia Stock Approaching All-Time Highs on Continued AI Chip Sales Optimism Nvidia shares are nearing their all-time highs on continued optimism about sales of its artificial intelligence (AI) chips. Investopedia ? last month NVDA 2317.TW -2.13% Foxconn is moving past the iPhone with a Mexico megafactory helping to make Nvidia chips But analysts say its EV business could still be a better bet for the future. Fortune ? last month 2317.TW -2.13% NVDA Nvidia, Foxconn partner for new AI supercomputer, chip plant Semiconductor giant Nvidia (NVDA) is joining forces with Foxconn Technology Group (2317.TW) — which trades as Hon Hai Technology Group in China and Taiwan — to spearhead two groundbreaking projects. The tech giants are set to develop a new cutting-edge AI supercomputer, while also laying plans for a chip manufacturing plant in Mexico. The facility will specialize in producing Nvidia's GB200 chips. Yahoo Finance tech editor Dan Howley dives into the details of this partnership, exploring how it could reshape the semiconductor landscape in Western markets. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Yahoo Finance Video ? last month HNHAF HNHPF NVDA Performance Overview Trailing total returns as of 11/15/2024, which may include dividends or other distributions. Benchmark is TSEC CAPITALIZATION WEIGHTED ST Return 2317.TW TSEC CAPITALIZATION WEIGHTED ST YTD +103.17% +26.84% 1-Year +112.31% +34.45% 3-Year +114.72% +29.82%
