{
Hon Hai Precision Industry Co., Ltd.

Companies

}
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001122334455554433221100

Foxconn invests 142 million dollars in Texas for AI server production

Foxconn has invested $142 million in Texas, acquiring an 86.34-acre property and a 1 million square-foot building in Houston through its subsidiary, Ingrasys Technology Inc. The facility is expected to expand AI server production for North American clients, excluding Apple Inc.
Tech in Asia
United States Dollar Foxconn Technology Co., Ltd. Hon Hai Precision Industry Co., Ltd. TWN USA
Technology & Innovation, News Article
02:15 26.03.2025

Foxconn partners with Mitsubishi to manufacture electric vehicles in Taiwan

Foxconn has signed an agreement to manufacture electric vehicles for Mitsubishi Motors in Taiwan, marking a significant move into the EV contract manufacturing sector. While the production timeline remains unclear, the initial vehicles will be aimed at the Australian and New Zealand markets. Mitsubishi has expressed openness to partnerships, aligning with Foxconn's strategy to diversify beyond consumer electronics.
Tech in Asia
Mitsubishi Motors Corp Hon Hai Precision Industry Co., Ltd. TWN
Business & Industry, News Article
08:15 21.03.2025

nvidia maintains buy rating amid deepseek competition and supply chain concerns

NVIDIA maintains a Buy rating from UBS with a $185 price target, despite concerns over its DeepSeek technology. Analysts project Blackwell revenue to reach $9 billion in January, while the data center segment is expected to contribute about $38 billion to overall revenue of $42 billion. Meanwhile, DeepSeek's recent changes, including a new registration process limited to mainland China mobile numbers, follow a service outage linked to its growing popularity.
Investing.com
Quanta Computer Inc. Hon Hai Precision Industry Co., Ltd. NVIDIA Corporation Amphenol Corporation USA Thiago Kapulskis Gene Munster Timothy Arcuri Show more
Finance & Economy, Market Report
22:36 27.01.2025

ubs maintains buy rating for nvidia with strong financial outlook

UBS has reiterated its Buy rating for NVIDIA, maintaining a price target of $185, despite concerns over supply chain issues and competition from AI startup DeepSeek. Analysts expect strong financial results for NVIDIA, forecasting fourth-quarter revenue of about $42 billion, driven largely by the data center segment. Improvements in hardware supply and production rates are anticipated, with Blackwell chipset sales projected to reach $9 billion in January.
Investing.com Deutsch
United States Dollar Quanta Computer Inc. Hon Hai Precision Industry Co., Ltd. NVIDIA Corporation Amphenol Corporation USA Thiago Kapulskis Gene Munster Timothy Arcuri Show more
Finance & Economy, Market Report
22:31 27.01.2025

Asian markets poised for gains as Wall Street rebounds from losses

Asian equities are set to rise following a rebound on Wall Street, where the S&P 500 and Nasdaq 100 ended a five-day losing streak, driven by renewed demand for tech stocks. Australian shares and futures for Hong Kong, Taiwan, and Singapore showed gains, while Japan's market declined. Investor interest in stocks signals a return to risk appetite, particularly in tech, as evidenced by Hon Hai Precision Industry's strong revenue report, indicating robust demand for AI infrastructure. Key economic data from China, Thailand, and Vietnam is expected, alongside interest rate decisions from Israel's central bank.
Yahoo Finance
Thai Baht Japanese Yen United States Dollar Chinese Yuan Vietnamese Đồng Hon Hai Precision Industry Co., Ltd. NVIDIA Corp HKG USA ISR CHN VNM AUS KOR DEU TWN SGP JPN THA Tom Barkin Lisa D. Cook Show more
Finance & Economy, Market Report
23:31 05.01.2025

asia faces economic uncertainty as monetary policies diverge in 2025

The Federal Reserve's fewer rate cuts in 2025 and raised inflation forecasts signal diverging monetary policies in Asia, with countries like China and Indonesia easing while Japan and Malaysia may hike rates. Despite a strong 2024 for Asian stocks, uncertainties loom due to potential tariffs under Trump, China's economic stability, and geopolitical tensions, impacting growth prospects across the region. Taiwan's tech sector thrived, but South Korea faced challenges, highlighting the need for government reforms to stimulate demand.
CNBC
United States Dollar Philippine Peso South Korean Won Malaysian Ringgit Chinese Yuan Apple Inc. Taiwan Semiconductor Manufacturing Company Limited Hon Hai Precision Industry Co., Ltd. NVIDIA Corporation KOR IND USA MYS PHL CHN AUS TWN JPN THA IDN Donald Trump Lorraine Tan Mike Shiao George Maris Paul Kim Yoon Suk Yeol Show more
Finance & Economy, Market Report
09:48 23.12.2024

asian shares rise as us lawmakers avert government shutdown

Asian shares mostly rose on Monday, buoyed by a U.S. stock market rally that followed a challenging week, despite the S&P 500 ending down 2%. Tokyo's Nikkei 225 climbed 0.9%, while Hong Kong's Hang Seng gained 0.7%. The market was influenced by a budget deal in the U.S. that averted a government shutdown and positive inflation data, although concerns about potential interest rate cuts lingered.
AP News
United States Dollar Hong Kong Dollar Japanese Yen Australian Dollar Chinese Yuan NVIDIA Corporation Honda Motor Co., Ltd. Tesmec S.p.A. Hon Hai Precision Industry Co., Ltd. KOR USA TWN CHN AUS JPN THA HKG Donald Trump Jerome Powell Show more
Finance & Economy, Market Report
05:26 23.12.2024

global markets mixed as us lawmakers avert government shutdown

World shares were mixed following a rally on Wall Street, with the S&P 500 down 2% for the week despite a 1.1% gain on Friday. U.S. lawmakers passed a budget deal, averting a government shutdown, while Asian markets saw gains, particularly in Japan and Australia. Honda and Nissan announced plans for a potential merger, boosting their stock prices.
KSTP.com 5 Eyewitness News
United States Dollar Japanese Yen Euro Australian Dollar Chinese Yuan Hon Hai Precision Industry Co., Ltd. NVIDIA Corporation Honda Motor Co., Ltd. Tesmec S.p.A. Mitsubishi Motors Corp KOR GBR USA DEU TWN CHN AUS JPN THA HKG Donald Trump Jerome Powell Show more
Finance & Economy, Market Report
05:26 23.12.2024

global markets mixed as us lawmakers avert government shutdown

World shares were mixed on Monday following a rally on Wall Street that capped a dismal week, with the S&P 500 down 2%. European markets saw declines, while Asian indices, including Japan's Nikkei 225 and Australia's S&P/ASX 500, posted gains. U.S. lawmakers passed a budget deal, easing concerns of a government shutdown, while inflation data influenced market expectations for future interest rate cuts by the Federal Reserve.
Yahoo Finance
United States Dollar Japanese Yen South Korean Won Australian Dollar Chinese Yuan Hon Hai Precision Industry Co., Ltd. Honda Motor Co., Ltd. Tesmec S.p.A. Mitsubishi Motors Corp KOR GBR DEU TWN CHN AUS JPN THA HKG Joe Biden Jerome Powell Show more
Finance & Economy, Market Report
05:26 23.12.2024

asian shares rise as us stocks rally amid budget deal and inflation concerns

Asian shares mostly rose following a U.S. stock rally that capped a challenging week, with the S&P 500 down 2%. Tokyo's Nikkei 225 climbed 0.9%, while Hong Kong's Hang Seng and Australia's S&P/ASX 500 gained 0.7% and 1.4%, respectively. The market reacted positively after U.S. lawmakers passed a budget deal, alleviating fears of a government shutdown.
WKMG
United States Dollar Japanese Yen South Korean Won Australian Dollar Chinese Yuan Honda Motor Co., Ltd. Tesmec S.p.A. Hon Hai Precision Industry Co., Ltd. KOR USA TWN CHN AUS JPN THA HKG Donald Trump Matt Ott Stan Choe Eugene Hoshiko Jerome Powell Show more
Finance & Economy, Market Report
05:26 23.12.2024
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