Foxconn reports Q4 revenue of ~$64.6B, up 15% YoY vs. est. of a 13% rise, boosted by data center spending, with December 2024 bringing in ~$19.8B, up 42% YoY (Jane Lanhee Lee/Bloomberg)

1 month ago 6

Jane Lanhee Lee / Bloomberg:
Foxconn reports Q4 revenue of ~$64.6B, up 15% YoY vs. est. of a 13% rise, boosted by data center spending, with December 2024 bringing in ~$19.8B, up 42% YoY  —  - Company sees significant sales growth for the first quarter  — December revenue advances 42% on strong AI server sales

Read Entire Article