The Dow Jones Industrial Average (DJIA) is rising Monday as investors celebrate the latest Foxconn earnings report, which is listed as Hon Hai Precision Industry (HNHPF) on the OTC. That’s ...
Semiconductor stocks soared after Foxconn, a key NVIDIA NVDA server partner, reported record fourth-quarter revenues and a robust sales forecast, reinforcing optimism on AI-driven growth.
Foxconn's December surge may reflect the availability of Nvidia's (NASDAQ: NVDA) new Blackwell chip. The rollout of that hardware had been delayed, but production was supposed to ramp up in late Q4.
Foxconn (OTCPK:FXCOF) has stopped new work rotations for its Chinese employees at its Apple (NASDAQ:AAPL) iPhone factories in India, and is sending Taiwanese workers instead, Rest of World reported ...
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 ...
and the Nasdaq Composite index was up 0.1%. The broader market is rallying today, and the semiconductor industry is seeing particularly strong bullish momentum thanks to Foxconn's recent quarterly ...
Benchmark S&P 500 and the Nasdaq Composite fell on Tuesday as yields on Treasury bills rose, dampening sentiments across the ...
In contrast, the S&P 500 and Nasdaq Composite both registered gains ... in line with a broader sector optimism, after Foxconn ...