Overview
- Foxconn's net profit for the July-September quarter rose to T$49.3 billion, surpassing analysts' expectations.
- The company predicts AI servers will constitute 50% of its total server revenue next year.
- Foxconn is constructing the world's largest facility in Mexico for Nvidia's GB200 superchips, vital for next-gen AI platforms.
- October sales reached a record high, with expectations for year-on-year revenue growth in the fourth quarter.
- Foxconn's shares have doubled in 2024, reflecting strong investor confidence in its AI-driven growth strategy.