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Top related persons:
Taiwan's Foxconn - 1 Foxconn - 1 Issei Kato - 1 Powell's Jackson - 1 Nvidia NVDA.O - 1 Stuart Humphrey - 1 Humphrey - 1 Dow Jones - 1
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Taiwan Tokyo Japan Asia Pacific United States U.S China
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Nvidia - 2 Apple's - 1 Apple - 1 Tech - 1 REUTERS - 1 Markets - 1 SYDNEY - 1 Nasdaq - 1

Search resuls for: "Nvidia NVDA.O"


2 mentions found


☆ Foxconn beats estimates with record third-quarter revenue on AI demand
  + stars: | 2024-10-06 | by ( ) www.cnbc.com   time to read: +2 min
Taiwan's Foxconn , the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence servers. Revenue for Apple's biggest iPhone assembler jumped 20.2% year on year to 1.85 trillion Taiwanese dollars ($57.3 billion). "The result exceeded the company's original expectations of significant growth," Foxconn said in a statement on Saturday. Strong AI server demand led to robust revenue growth for its cloud and networking products division, said Foxconn whose customers include AI chip firm Nvidia NVDA.O. It has scheduled its annual Tech Day on Oct. 8-9, an event where Foxconn normally announces new products or partnerships.
Persons: Taiwan's Foxconn, Foxconn Organizations: Apple's, Nvidia, Apple, Tech Locations: Taiwan
☆ Asian shares sit tight ahead of Nvidia results, yields near highs
  + stars: | 2023-08-23 | by ( Stella Qiu | ) www.reuters.com   time to read: +4 min
S&P 500 futures climbed 0.3% while Nasdaq futures rose 0.4%. Its blockbuster report last quarter fueled a rally in tech stocks and artificial intelligence hopes, propelling the S&P 500 this year. Shares of Nvidia hit an all-time high of $481.87 overnight, with options data showing traders are expecting a larger-than-usual swing in shares after the quarterly results. The Dow Jones (.DJI) fell 0.5%, the S&P 500 (.SPX) lost 0.3% and the Nasdaq Composite (.IXIC) added 0.1%. Financial shares underperformed, with the S&P 500 banks (.SPXBK) sliding 2.4%, after S&P joined Moody's to downgrade multiple regional U.S. lenders.
Persons: Issei Kato, Powell's Jackson, Nvidia NVDA.O, Stuart Humphrey, Humphrey, Dow Jones, Moody's, Treasuries, Thomas Barkin, Jerome Powell, Sam Holmes Organizations: REUTERS, Markets, Nvidia, SYDNEY, Nasdaq, Japan's Nikkei, JPMorgan, Financial, Richmond Fed, U.S ., Brent, . West Texas, Thomson Locations: Tokyo, Japan, Asia, Pacific, United States, U.S, China, Jackson Hole , Wyoming
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