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DeepNewz, mobile.
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Foxconn, a key supplier for Apple Inc. (AAPL) and Nvidia Corp. (NVDA), reported a remarkable 56.4% year-over-year increase in revenue for February 2025, totaling NT$551.38 billion (approximately $17.44 billion). This surge marks the highest revenue recorded for the month of February, driven by robust demand for cloud and networking products, as well as essential components. Additionally, the company experienced a 25% rise in revenue over the first two months of 2025, indicating a growing demand for AI computing technologies.
Foxconn says February revenue rose 56.43% y/y https://t.co/rkIz0gmJqo https://t.co/FXgzUSeRcZ
Foxconn, a major supplier for $AAPL and $NVDA, posted February revenue of $17.44 billion, a 56.4% YoY increase, making it the highest-ever for the month. Growth was driven by strong demand for cloud, networking products, and key components.
Nvidia AI Server Maker Hon Hai Posts 25% Jump in Two-Month Sales :) That feels like demand.