Hon Hai's revenue surged 47%, and the boom in AI infrastructure spending shows no signs of abating.
2026.10.05 16:07:26
Nvidia partner Foxconn has reported better-than-expected quarterly revenue, showing global artificial intelligence (AI) infrastructure spending remains at high levels. Foxconn’s revenue for the three months ending in September reached NT$3.03 trillion (US$95.4 billion), rising 47% year-over-year, exceeding the average analyst forecast of NT$2.83 trillion. The tech giant’s robust sales growth, following Micron Technology’s upbeat earnings outlook released last week, further confirms that capital expenditure in the AI sector continues to expand. Meanwhile, top executives including OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have recently called for slowing the development of emerging AI technologies to ensure they remain under human control. As Nvidia’s server assembly partner, Foxconn has benefited from global cloud infrastructure buildout over the past two years. Against a backdrop of growing investor concerns over overcapacity, rising debt levels, and regulatory headwinds, Foxconn’s sales performance is also seen as a key gauge of the AI industry’s momentum. The company’s stock has risen roughly 10% so far this year.
Allium disclosed a security incident: some of its systems were subject to unauthorized access, and its core platform has been restored.
3 minutes ago
Bitcoin pulls back to touch $80,000, down over 2% from its early morning high.
3 minutes ago
South Korea's KOSPI index turned negative, dropping 3%, while Samsung fell nearly 6%.
3 minutes ago
Hackers claim to have leaked data of over 40,000 employees of the US Department of Homeland Security via an Okta breach, with DDoSecrets publicly releasing the information.
3 minutes ago
U.S. Department of Justice is investigating NVIDIA's acquisition of Hugging Face.
3 minutes ago
Pump.fun App launches Hyperliquid perpetual contracts, supporting crypto, stocks, and commodities.
3 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

