Foxconn’s Q2 profit rises 35% on AI demand

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  Taiwan’s Foxconn, the largest contract electronics manufacturer globally, announced on Wednesday a 35 percent increase in second-quarter profit, surpassing analyst expectations, attributed to sustained robust demand for AI, which it anticipates will propel growth throughout the year. Net profit Read More …

Samsung Chip Profit Soars as AI Demand Drives Growth

Samsung

Samsung Electronics on Thursday reported a profit increase in its chip division exceeding 250 times and revealed multi-year supply agreements with prominent data center operators. The company anticipates that global chip shortages will intensify and persist until 2028. The optimistic Read More …