Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn.

Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.

Jensen Huang, the founder and CEO of Nvidia, is visiting Taiwan for the company's year-end celebration. Industry sources indicate that Huang routinely meets with key supply chain partners, including Quanta,

The parcels were recently transferred from the Village of Mount Pleasant to Fewi Development Corp. No plans for the site have yet been announced.

The Rest of World report has cited sources privy to Foxconn’s India operations that shipments of specialised manufacturing equipment intended for India have also been delayed in China. This move may disturb the iPhone assembly lines in the Foxconn factories in Tamil Nadu and Karnataka which together employ around 50,000 workers.

Foxconn, the Taiwan-based iPhone maker, is aggressively expanding into the electric vehicle (EV) market. Partnering with companies like Stellantis and ZF Friedrichshafen, and unveiling new models like the Model B,

TAIPEI (Taiwan News) — Foxconn announced Sunday that its December revenue was NT$654.8 billion (US$19.9 billion), a 42.31% year-on-year increase. Foxconn said the growth stems from strong AI server demand. Nvidia’s GB200 servers began limited shipments ...

Foxconn, the Taiwan-based iPhone maker, is expanding into the electric vehicle market, competing with Tesla and BYD.

NVIDIA Corporation (NASDAQ:NVDA) is planning to set up its Asian headquarters in Taipei, Taiwan, according to the Central News Agency. The tech giant will reportedly hire over 2,500 staff as part of the move,

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.

Good news from Taiwan's Hon Hai Precision Industry company (better known as Foxconn) spread to the benefit of semiconductor stocks in general today. Foxconn reported 15% sales growth in Q4 2024, to $63.9 billion, a number that CNBC characterized as "bumper sales performance."

Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.