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Foxconn reported a 25% revenue increase for January and February 2025, reaching NT$1.1 trillion (US$33.5 billion), up from 11% growth last year. Analysts predict first-quarter revenue will hit NT$1.6 trillion (US$48.78 billion), driven by strong demand for AI computing infrastructure, particularly Nvidia's Blackwell-powered servers. The company is also expanding its US operations, planning to manufacture AI servers in Houston in partnership with Apple later this year.
Jabil is set to invest $125 million to establish a silicon photonics manufacturing facility in Gujarat, following a memorandum of understanding with the state government. The plant, expected to be operational by the end of the calendar year, aims to support high-speed data transmission applications and capitalize on India's growing economy and skilled labor force. This initiative is part of a broader investment trend in Gujarat's semiconductor sector, which has seen commitments totaling INR 15,000 crore from various firms.
Foxconn is set to invest $900 million in a new AI server manufacturing plant in Jalisco, Mexico, aiming to become the largest assembly facility for servers utilizing Nvidia’s GB200 AI chips. The project will unfold in two phases: expanding an existing facility in El Salto and constructing a new plant, with operations expected to commence by late 2025 or early 2026.
The Trump administration is considering stricter AI chip export restrictions to China, building on previous measures. Despite these efforts, demand for Nvidia's AI chips remains high, leading to a burgeoning gray market facilitated by intermediaries in Vietnam, Malaysia, and Taiwan. Chinese firms continue to rely on these channels or alternative products to fulfill their AI training needs, as high-end chips are essential for their operations.
UBS has raised its price target for Costco Wholesale Corporation to $1,205 from $1,140. The company operates 890 warehouse stores across various countries, with the majority located in the U.S. (72.4% of net sales), and generates 98.1% of its revenue from product sales and 1.9% from subscriptions.
TSMC's recent announcement of a $100 billion investment in the US raises questions due to its lack of specifics, including whether any funds were previously disclosed. This development may signal a setback for Apple's plans to produce chips domestically, which were initially celebrated as a success of the US CHIPS Act.
Taiwan Semiconductor Manufacturing Company (TSMC) has announced a $100 billion investment plan to build five new chip factories in the United States, as revealed by its CEO alongside President Donald Trump. This move addresses concerns over reliance on Taiwan for semiconductor production amid increasing pressure from China regarding sovereignty claims. TSMC, the world's largest contract chipmaker, plays a crucial role in supplying chips for various technologies, including cellphones, cars, and military equipment.
Apple Inc. has received a Neutral rating from UBS. The company specializes in designing, manufacturing, and marketing computer hardware and music support, with net sales primarily from telephone products (51.4%), peripheral devices (9.5%), and computers (7.7%). Geographically, sales are led by the Americas (42.7%), followed by Europe/India/Middle East/Africa (25.9%) and China/Hong Kong/Taiwan (17.1%).
UBS has maintained a 'Neutral' rating for Apple, setting a target price of $236. Despite a 13% increase in global App Store sales in February, growth has slowed compared to January. Apple's revenue distribution shows a significant reliance on iPhone sales, which account for 51.4% of net sales.
TSMC has announced a significant $100 billion investment aimed at enhancing chipmaking capabilities in the United States. This move underscores the company's commitment to expanding its manufacturing footprint and supporting the growing demand for semiconductor technology. In related news, the organization emphasizes its dedication to ethical reporting, ensuring transparency and impartiality despite potential conflicts of interest with featured investors.
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Foxconn reports 25 percent revenue growth driven by AI computing demand
03:00 06.03.2025
jabil to invest 125 million in silicon photonics factory in gujarat
21:35 05.03.2025
Foxconn to invest 900 million dollars in AI server plant in Mexico
06:40 05.03.2025
us considers stricter ai chip export controls amid china's gray market growth
04:00 05.03.2025
ubs raises costco wholesale price target to twelve hundred five dollars
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19:20 04.03.2025
TSMC's US investment raises concerns for Apple chip production plans
14:32 04.03.2025
tsmc and trump unveil 100 billion plan for us chip factories
09:56 04.03.2025
apple inc reports neutral rating with diverse product sales distribution
08:13 04.03.2025
ubs maintains neutral rating for apple with target price of 236 dollars
08:13 04.03.2025
TSMC to invest 100 billion dollars in US chip manufacturing expansion
06:54 04.03.2025
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