UBTech partners with Apple's manufacturing partner, Foxconn, to build the iPhone using Walker S1 humanoid robots.

The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.

Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.

Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.

Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers have also been expanding into new industries. In October Foxconn unveiled two new electric-vehicle designs,

Apple and Nvidia supplier Foxconn posted a record topline in Q4 driven by higher cloud and networking and strong demand from AI servers.

Stocks were mostly higher Monday at the start of the first full week of 2025, as investors eyed technology innovations and a report circulated that the incoming presidential administration might scale back tariff plans.

Strong demand for AI servers set Taiwan’s Foxconn to a record fourth-quarter revenue. In a statement, the company said its revenue rose 15.2% to T$2.13 trillion ($64.72 billion). According to a Reuters report, this figure outpaced the T$2.1 trillion ...

Taiwan’s Foxconn 2317-1.86%decrease; red down pointing triangle raked in a record amount of revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial ...

Robust AI server demand led to strong revenue growth for its cloud and networking products division, said Foxconn, whose customers include AI chip firm Nvidia. For smart consumer electronics ...

SUNNYVALE — A tech company with ties to Nvidia and Apple has paid well over $100 million to buy a large Sunnyvale office and research campus. Ingrasys Technology USA purchased the campus near the corner of East Arques Avenue and Oakmead Parkway for $128 million, according to documents filed on Thursday with the Santa Clara County Recorder’s Office.

SUNNYVALE — A tech company with ties to Nvidia and Apple has paid well over $100 million to buy a large Sunnyvale office and research campus. Ingrasys Technology USA purchased the campus near the corner of East Arques Avenue and Oakmead Parkway for $128 million, according to documents filed on Thursday with the Santa Clara County Recorder’s Office.