Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
$HPE's invs actually went up seq but their FCF was a big upside- cursory look- their FCF was up 2.3B yoy, but their spread between AP and AR was up 4B yoy-this will have to come in at some point next 12-18 mos would think
Now seen further $NVDA Blackwell delays from $SMCI & $DELL #Foxconn the #1 contract mfr of $NVDA #AI servers just reported Nov rev It's a blockbuster year so why is Nov ⬇️ 16% due to an AI product transition when BW servers should be in HVM Simple - BW yields are an issue https://t.co/J7gKHlG7bB https://t.co/8ClRH5Dfhp
Foxconn, the iPhone and AI server giant, said November sales rose 3.5% year-on-year to NT$672.59 billion, a 3-month low and down 16.4% versus October, raising concerns AI demand will not be able to offset weak iPhone sales, media report, adding total sales in Oct, Nov are lagging…
Foxconn, officially known as Hon Hai Precision, reported a 3.47% year-on-year increase in revenue for November, amounting to NT$672.59 billion ($20.7 billion). This marks a significant slowdown compared to an 8.6% increase in October. The company's November sales represent a three-month low and reflect a 16.4% decline from the previous month, raising concerns about the company's ability to offset weak iPhone sales with AI demand. Executives have indicated a strong outlook for the fourth quarter, despite the recent decline in sales. The performance is particularly notable as Foxconn is a key partner for major technology firms, including Apple ($AAPL) and Nvidia ($NVDA).