Major Apple supplier Foxconn expected to report strong Q3 results on AI boom

By Yahoo! Finance | Nov 13, 2024 at 06:04 PM EST

Foxconn, the world's largest electronics maker, is expected to report a 7% rise in third-quarter profit due to high demand for AI servers. The company achieved record revenue and profit growth, with plans for a major manufacturing facility in Mexico and positive outlook for the future.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.