에 대한 최신 뉴스 Hon Hai Precision (OTC:HNHPF) 주식

Hon Hai Precision

Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for around 54% of overall revenue in 2023. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries, Foxconn Industrial Internet and FIH Mobile. In response to the maturing of its traditional end markets-computers, smartphones, and telecom equipment-by 2019, the company began developing expertise in three new growth areas: electric vehicles, digital health, and robotics.

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일반적으로 폭스콘(Foxconn)으로 알려져 있으며, 애플의 주요 공급업체 중 하나인 대만의 계약 제조업체 훙하이 정밀공업(OTC:HNHPF)이 베트남에서의 입지를 확대하기 위해 8천만 달러를 투자할 예정이다. 투자자는 순신(Shunsin)이라는 자회사를 통해 진행하게 된다.

애플 공급업체인 폭스콘, 베트남에 8천만 달러 규모의 반도체 공장 건립 계획

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전세계 디지털 도서관인 인터넷 아카이브(Internet Archive)가 심각한 보안 침해와 디도스(DDoS) 공격을 겪어 3,100만 계정의 데이터가 유출되었다. 튀르키예가 법원 판결에 따라 널리 사용되는 인스턴트 메시징 플랫폼 디스코드(Discord)를 차단했다고 국가 정보 통신기술청(BTK)이 전했다.

소비자 기술 뉴스(10월 7일-10월 11일): 프라임 비디오를 통해 애플 TV+ 이용 가능, 테슬라 로보택시 등

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지난주는 인공지능(AI)이 주목받는 뉴스의 연속이었다. 선거 간섭부터 슈퍼칩 공장까지, AI는 많은 이야기의 중심에 있었다. 헤드라인을 장식한 상위 5개 뉴스를 살펴보겠다.

주간 주요 인공지능 뉴스: 선거 개입, 슈퍼칩 공장 그리고 AMD의 MI350 칩 등

HON HAI PRECSON S/GDR NEW by Hon Hai Precision Industry Co. Ltd.

Hon Hai Precision Industry Co Ltd

Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), widely known as Foxconn and a major Apple Inc. supplier, is set to expand its presence in Vietnam with an $80 million investment through its subsidiary, Shunsin.
What Happened:&nbsp;According to a document from Vietnam&#8217;s environment ministry, Shunsin aims to build a plant in Bac Giang province focused on producing integrated circuits, reported Reuters. 
The facility is expected to begin full-scale operations by December 2026, targeting an annual output of 4.5 million units.
Foxconn did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
The products from this plant will be exported primarily to the United States, the European Union, and Japan. This new investment follows Foxconn's July approval to invest $383 million in another facility in Vietnam for printed circuit boards.
Since entering Vietnam in the early 2000s, Foxconn has invested over $3.2 billion, with most of its facilities located in northern provinces like Bac Ninh and Bac Giang. Shunsin has not yet commented on the development.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/11/41686435/intel-says-it-wont-even-make-500m-from-gaudi-ai-chips-in-2024-despite-nvidia-minting-billions-ce?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Intel Says It Won't Even Make $500M From Gaudi AI Chips In 2024 Despite Nvidia Minting Billions: CEO Gelsinger Says Uptake ‘Slower Than We Anticipated'</a></li>
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Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Apple Supplier Foxconn Plans $80M Vietnam Chip Plant

The Internet Archive, a&nbsp;global digital library, has suffered a significant security breach and a DDoS attack, compromising <a target="_blank" href="https://www.benzinga.com/news/24/10/41266620/internet-archive-hit-by-major-security-breach-and-ddos-attack-31-million-accounts-compromised" rel="noreferrer noopener">data of 31 million accounts</a>.
Following a court ruling, Turkey has banned the widely-used instant messaging platform Discord, according to the country's Information Technologies and <a href="https://www.benzinga.com/news/24/10/41243847/erdo-ans-justice-minister-speaks-up-on-discord-ban-in-turkey-we-are-determined-to-protect-our-youth" target="_blank" rel="noreferrer noopener">Communication Authority or BTK</a>.
The U.N. revealed in a report that the messaging app&nbsp;Telegram, an&nbsp;encrypted messaging app, has been identified as a <a target="_blank" href="https://www.benzinga.com/news/24/10/41221289/telegram-the-new-frontier-for-criminal-gangs-un-report-uncovers-alarming-trends-in-organized-crime" rel="noreferrer noopener">major platform for criminal activities</a>.
In a cyberattack linked to the Chinese government, major U.S. broadband providers have reportedly been breached, potentially compromising systems used for <a href="https://www.benzinga.com/news/24/10/41200026/chinese-hackers-breach-at-t-verizon-networks-in-major-wiretap-data-theft-putting-us-national-securit" target="_blank" rel="noreferrer noopener">court-authorized wiretapping requests</a>.
Billionaire entrepreneur and&nbsp;Dallas Mavericks&nbsp;owner&nbsp;Mark Cuban&nbsp;has shed light on the future of linear television and streaming platforms, highlighting the <a target="_blank" href="https://www.benzinga.com/news/24/10/41219900/mark-cuban-on-how-tv-will-evolve-in-the-future-says-he-saw-the-rise-of-netflix-like-platforms-before" rel="noreferrer noopener">crucial&nbsp;role of sports media rights</a>.
Gaming
Nintendo Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>) has officially announced the "Nintendo Switch Online: Playtest Program," allowing up to 10,000 participants to test a new feature related to <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41280517/how-to-join-nintendos-playtest-program-to-experience-new-switch-online-feature" rel="noreferrer noopener">the&nbsp;Nintendo Switch Online service</a>.
FIFA has announced a fresh partnership with&nbsp;Konami Group ADR, marking the return of the<a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41279567/fifa-partners-with-konami-for-efootball-fifae-world-cup-revival" rel="noreferrer noopener">&nbsp;FIFAe World Cup tournament</a>.
Sony Group Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) has revealed the full slate of new additions coming to the PlayStation Plus Games Catalog for October 2024, giving subscribers a variety of games to look forward to across <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41277228/playstation-plus-october-2024-dead-island-2-leads-spooky-lineup-of-14-games" rel="noreferrer noopener">both the&nbsp;Extra and Premium tiers</a>.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41209970/netflix-analysts-turn-more-optimistic-ahead-of-earnings-expensive-for-a-reason" rel="noreferrer noopener">Netflix Analysts Turn More Optimistic Ahead Of Earnings: &#8216;Expensive For A Reason&#8217;</a>
Media, Communication &amp; Music
ByteDance-owned&nbsp;TikTok&nbsp;is facing legal action from&nbsp;13 U.S. states and the&nbsp;District of Columbia.&nbsp;The states accuse TikTok of&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/10/41243023/tiktok-gets-sued-13-states-and-dc-accuse-chinese-platform-of-boosting-corporate-profits-via-social-m" rel="noreferrer noopener">causing harm to its younger users</a>.
Following the success of "Oppenheimer," renowned director&nbsp;Christopher Nolan has reportedly joined forces with actor&nbsp;Matt Damon for a <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41266961/christopher-nolan-taps-matt-damon-for-mystery-2026-imax-epic-is-universals-big-bet-likely-t" rel="noreferrer noopener">new&nbsp;</a><a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41266961/christopher-nolan-taps-matt-damon-for-mystery-2026-imax-epic-is-universals-big-bet-likely-t" rel="noreferrer noopener">Imax Corporation</a><a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41266961/christopher-nolan-taps-matt-damon-for-mystery-2026-imax-epic-is-universals-big-bet-likely-t" rel="noreferrer noopener"> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IMAX#NYSE">IMAX</a>)</a>.
Zoom Video Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) is gearing up to launch&nbsp;AI avatars&nbsp;that can communicate on behalf <a target="_blank" href="https://www.benzinga.com/news/24/10/41265317/zoom-custom-ai-avatars-can-now-deliver-messages-to-your-team-as-you-skipping-boring-remote-meetings" rel="noreferrer noopener">of users by posing as them</a>.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41215414/goldman-sachs-raises-forecast-on-spotify-cites-user-engagement-growth-and-potential" rel="noreferrer noopener">Goldman Sachs Raises Forecast On Spotify, Cites User Engagement Growth and Potential Deluxe Tier Revenue</a>
Technology
Advanced Micro Devices, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) disclosed plans for its next-gen&nbsp;MI350&nbsp;chip, aimed at competing with NVIDIA Corporation&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) new Blackwell system, with shipping anticipated&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/10/41284533/nvidias-blackwell-chip-faces-amds-mi350-challenge-in-2025-ceo-lisa-su-says-beginning-not-the-end-of" rel="noreferrer noopener">in the second half of&nbsp;2025</a>.
Advanced Micro Devices launched several new high-performance computing solutions at the event, including fifth Gen AMD EPYC server CPUs, AMD Instinct MI325X accelerators, AMD Pensando Salina DPUs, AMD Pensando Pollara 400 NICs and AMD Ryzen AI PRO 300 series <a target="_blank" href="https://www.benzinga.com/news/24/10/41282666/what-happened-with-amd-stock-today" rel="noreferrer noopener">processors for enterprise AI PCs</a>.&nbsp;
Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) the company, which is popularly called&nbsp;Foxconn&nbsp;is gearing up to construct the&nbsp;largest <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand" rel="noreferrer noopener">manufacturing facility&nbsp;for&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand" rel="noreferrer noopener">Nvidia&#8217;s </a><a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand" rel="noreferrer noopener">GB200 chip</a>.
Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google&nbsp;is rolling out new AI-powered security features for Android devices aimed at preventing phone theft. These features, which were&nbsp;initially announced in May, are designed to <a href="https://www.benzinga.com/news/24/10/41204898/google-starts-rolling-out-ai-powered-security-features-to-combat-android-phone-theft" target="_blank" rel="noreferrer noopener">automatically secure a device if it is stolen</a>.
Following&nbsp;the antitrust verdict,&nbsp;Google has made moves to halt changes <a target="_blank" href="https://www.benzinga.com/news/24/10/41220186/google-will-continue-to-fight-epic-games-in-court-to-halt-epic-requested-changes-to-play-store-under" rel="noreferrer noopener">proposed by&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41220186/google-will-continue-to-fight-epic-games-in-court-to-halt-epic-requested-changes-to-play-store-under" rel="noreferrer noopener">Epic Games</a>.
Amazon.com, Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) cloud computing platform,&nbsp;Amazon Web Services&nbsp;CEO&nbsp;Matt Garman&nbsp;disclosed that the company had been delving into generative AI long&nbsp;before it <a target="_blank" href="https://www.benzinga.com/news/24/10/41201296/aws-ceo-matt-garman-once-an-intern-says-they-were-pioneering-generative-ai-at-amazon-long-before-cha" rel="noreferrer noopener">became a widely&nbsp;accepted concept</a>.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41257775/uber-well-positioned-despite-tesla-robotaxi-threat-analyst-says" rel="noreferrer noopener">Uber &#8216;Well Positioned&#8217; Despite Tesla Robotaxi Threat, Analyst Says</a>
Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) formally rejected the accusations levied in a recent report by&nbsp;Hindenburg Research, an investment firm <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41255828/roblox-denies-hindenburgs-accusations-of-inflating-metrics-failing-at-child-safety-calls-them-misl" rel="noreferrer noopener">known for&nbsp;activist short-selling</a>.
Smartphones
Earlier this year, tech giants&nbsp;Alphabet and&nbsp;Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) joined forces to simplify the process of moving photos and videos between <a href="https://www.benzinga.com/news/24/10/41265188/how-to-switch-from-google-photos-to-apples-icloud" target="_blank" rel="noreferrer noopener">their platforms by launching a tool</a>.
Amazon.com and&nbsp;Apple have announced a collaboration, as per which&nbsp;Apple TV+ will be <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41264628/apple-tv-coming-to-amazon-prime-video-this-month-what-you-need-to-know-about-the-9-99-add-o" rel="noreferrer noopener">available through&nbsp;Prime Video</a>.
Apple&nbsp;is reportedly planning to launch a health-focused smart ring by 2026, according to a <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41222158/apples-smart-ring-could-launch-by-2026-in-line-with-tim-cooks-health-centric-vision" rel="noreferrer noopener">forecast by analysts at CCS Insight</a>.
Elon Musk &amp; Artificial Intelligence (AI)
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;Robotaxi is set to disrupt the autonomous driving market, <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech" target="_blank" rel="noreferrer noopener">currently led by </a><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech" target="_blank" rel="noreferrer noopener">Alphabet&#8217;s </a><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech" target="_blank" rel="noreferrer noopener">Waymo</a>.
CEO&nbsp;Elon Musk's social media platform,&nbsp;X, formerly&nbsp;Twitter, has been granted permission by Brazil's Supreme Court to&nbsp;recommence<a target="_blank" href="https://www.benzinga.com/news/24/10/41242624/elon-musk-vows-to-defend-freedom-of-speech-but-within-the-boundaries-of-the-law-as-x-gets-brazil-gre" rel="noreferrer noopener"> its operations&nbsp;in the country</a>.
The Federal Communications Commission or FCC has temporarily authorized&nbsp;Elon Musk-led&nbsp;SpaceX and&nbsp;T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) to provide direct-to-cell service via Starlink satellites in <a target="_blank" href="https://www.benzinga.com/news/24/10/41200194/spacex-and-t-mobiles-direct-to-cell-satellite-service-for-hurricane-hit-areas-green-lighted-by-fcc-a" rel="noreferrer noopener">areas&nbsp;impacted by Hurricane Helene</a>.
Read:<a target="_blank" href="https://www.benzinga.com/news/24/10/41224028/elon-musk-talks-ai-woke-mind-virus-starlink-and-california-governor-gavin-newsom-with-tucker-carlson" rel="noreferrer noopener"> Elon Musk Talks AI, Woke Mind Virus, Starlink And California Governor Gavin Newsom With Tucker Carlson</a>
ChatGPT-parent&nbsp;OpenAI has disclosed that its platform is being misused by malicious entities to meddle with democratic <a href="https://www.benzinga.com/news/24/10/41267154/ahead-of-trump-vs-harris-faceoff-chatgpt-parent-openai-uncovers-election-interference-misuse-but-see" target="_blank" rel="noreferrer noopener">elections across the globe</a>.
Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41239978/s-p-500-earnings-season-kicks-off-why-analysts-call-this-quarter-a-stock-pickers-pa" target="_blank" rel="noreferrer noopener">S&amp;P 500 Earnings Season Kicks Off: Why Analysts Call This Quarter &#8216;A Stock Picker&#8217;s Paradise&#8217;</a>

Consumer Tech News (Oct 7-Oct 11): Apple TV+ To Be Available Through Prime Video, Tesla Robotaxi To Disrupt Autonomous Driving Market & More

This past week was a whirlwind of news, with artificial intelligence (AI) taking the spotlight. From election interference to superchip factories, AI was at the heart of many stories. Let&#8217;s dive into the top five stories that made headlines.
OpenAI Uncovers Election Interference Misuse
Ahead of the Trump vs. Harris faceoff, OpenAI, a subsidiary of Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), revealed that its platform is being exploited by malicious entities to disrupt democratic elections worldwide. The company&#8217;s 54-page report disclosed that it had prevented over 20 global operations and deceptive networks that sought to misuse its models. The threats varied from AI-generated website articles to social media posts by fake accounts.
<a href="https://www.benzinga.com/news/24/10/41267154/ahead-of-trump-vs-harris-faceoff-chatgpt-parent-openai-uncovers-election-interference-misuse-but-see">Read the full article here.</a>
Foxconn to Build World&#8217;s Largest Nvidia Superchip Factory
Taiwanese contract manufacturer Hon Hai Precision (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), also known as Foxconn, announced plans to construct the largest manufacturing facility for Nvidia Corp.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) GB200 chip. This move is intended to meet the substantial demand for Nvidia's Blackwell platform, according to a senior executive. Foxconn, known for assembling products for Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), is also venturing into server production. <a href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41257775/uber-well-positioned-despite-tesla-robotaxi-threat-analyst-says?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Uber &#8216;Well Positioned&#8217; Despite Tesla Robotaxi Threat, Analyst Says</a>
AMD&#8217;s MI350 Chip to Challenge Nvidia&#8217;s Blackwell
Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) revealed plans for its next-gen MI350 chip, set to compete with Nvidia's upcoming Blackwell system. The chip is expected to ship in the second half of 2025 and offer up to 35 times better inference performance compared to their CDNA 3-based predecessors.
<a href="https://www.benzinga.com/news/24/10/41284533/nvidias-blackwell-chip-faces-amds-mi350-challenge-in-2025-ceo-lisa-su-says-beginning-not-the-end-of">Read the full article here.</a>
Cathie Wood Foresees Trillion-Dollar Opportunity for Tesla
ARK Invest CEO Cathie Wood predicted a &#8220;trillion-dollar-plus revenue opportunity for Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) in the next five years&#8221; in the autonomous vehicle market. Wood sees a "winner-takes-most" scenario unfolding in the autonomous driving space, emphasizing the high stakes in the race for autonomous technology supremacy.
<a href="https://www.benzinga.com/markets/equities/24/10/41200165/cathie-wood-predicts-trillion-dollar-revenue-opportunity-for-tesla-in-autonomous-vehicles-winner">Read the full article here.</a>
Palantir&#8217;s Shyam Sankar on AI Deployment
Shyam Sankar, CTO of Palantir Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), stated that the company is experiencing a surge in demand. Sankar emphasized the value of enterprise automation and the increasing rate of AI adoption. He also highlighted the foundational investments Palantir made in an ontology as prerequisites for quickly putting workflows into production.
<a href="https://www.benzinga.com/markets/equities/24/10/41244462/palantirs-shyam-sankar-says-ai-is-experiential-and-if-you-pay-consultants-to-help-you-think-abou">Read the full article here.</a>
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/technicals/24/10/41292954/nvidia-stock-surges-as-ai-dominance-fuels-long-term-bull-run-gene-munster-waves-green-fl">Nvidia Stock Surges As AI Dominance Fuels Long-Term Bull Run: Gene Munster Waves Green Flag</a></li>
</ul>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

Election Interference, Superchip Factories, And Trillion-Dollar Opportunities: AI Takes Center Stage

See-sawing mood persists on Wall Street as the index futures point to a marginally lower start on Wednesday after the tech-led rebound witnessed in the previous session. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is advancing in premarket and the rest of the big techs were just about higher. Commodities are weakening and bond yields are easing. Federal Reserve&#8217;s September rate-setting meeting minutes, speeches by Fed officials and developments around Hurricane Milton&#8217;s landfall in Florida could be on traders&#8217; radar.
Some may choose to move to the sidelines ahead of Thursday&#8217;s consumer price inflation report which is expected to show a further easing in pricing pressure. Some key earnings reports are also expected to drop over the next two sessions, which is likely to give early indications regarding how this reporting season will pan out.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.08%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.06%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.07%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.13%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Wednesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged down 0.04% to $572.93 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) moved down 0.209% to $488.85, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
IT, communication services and consumer discretionary stocks fueled a strong rally on Wall Street on Tuesday even as energy stocks served as drags. The gains came despite the threat of Hurricane Milton looming large. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) rose over 4% after contracts electronics manufacturer Hon Hai Precision Manufacturing Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) issued positive commentary about the demand for the former&#8217;s Blackwell GB200 chips. The positive sentiment rubbed off on other AI-levered tech stocks as well.
The Nasdaq Composite and the S&amp;P 500 hovered in positive territory throughout the session, while the Dow Jones Industrial Average experienced volatility before closing modestly higher. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.45%</td>
<td>18,182.92</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.97%</td>
<td>5,751.13</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.30%</td>
<td>42,080.37</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.09%</td>
<td>2,194.98</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
The current bull market started on Oct. 12, 2022, and as its second anniversary nears, a strategist suggested there be could many more years of gains. Carson Group&#8217;s Chief Markey Strategist Ryan Detrick said the S&amp;P 500 Index is up 61% so far in this bull market. On average, a bull market lasts about 5.5 years and the average gain clocked is 181%.
The strategist said the bull market may not end soon. Sharing a graphic showing performances of the index during the previous bull markets, he said, &#8220;Many more years of gains would be perfectly normal.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The bull market is about to turn two. Stocks are up 61% during this bull market, compared with the avg bull market lasting 5.5 years and gaining 181%. Yes, it &#39;could&#39; end soon, but we don&#39;t think it will. In fact, this shows many more years of gains would be perfectly normal. <a href="https://t.co/sbPROOIrTg">pic.twitter.com/sbPROOIrTg</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1843649022126690442?ref_src=twsrc%5Etfw">October 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Upcoming Economic Data:
<ul>
<li>The Fed speakers lined up for the day include:
<ul>
<li>Atlanta Fed President Raphael&nbsp;Bostic: 8 a.m. EDT, 12:45 p.m. EDT</li>
<li>Dallas Fed President Lorie&nbsp;Logan: 9:15 a.m. EDT</li>
<li>Chicago Fed President Austan Goolsbee: 10:30 a.m. EDT</li>
<li>Federal Reserve Vice Chair Philip Jefferson: 12:30 p.m. EDT</li>
<li>Boston Fed President Susan Collins: 5 p.m. EDT</li>
<li>San Francisco Fed President Mary&nbsp;Daly: 6 p.m. EDT</li>
</ul>
</li>
<li>The Commerce Department is due to release wholesale inventories report for August at 10 a.m. EDT. Economists, on average, expect wholesale inventories to rise 0.2% month-over-month, the same pace as in July.</li>
<li>The Energy Information Administration is scheduled to release its customary weekly petroleum status report at 10:30 a.m. EDT.</li>
<li>The Treasury is set to auction 10-year notes at 1 p.m. EDT.</li>
<li>The Federal Open Market Committee will release the minutes of its September rate-setting meeting at 2 p.m. EDT.</li>
</ul>
Stocks In Focus:
<ul>
<li>Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) is due to report its quarterly results before the market opens, while Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) and AZZ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) will announce their results after the market close.</li>
<li>Astera Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) climbed over 7% after the company announced a new portfolio of fabric switches meant for demanding AI workloads in accelerated computing platforms deployed at cloud-scale.&nbsp;</li>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) rose over 3% on a positive analyst action.</li>
<li>Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) slipped over 1% after the company said talks with union members weren&#8217;t going smoothly. Following the strike, S&amp;P placed  Boeing&#8217;s rating on CreditWatch as negative.</li>
<li>Australian miner Arcadium Lithium plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) soared more than 30% after the company announced an agreement to be acquired by Rio Tinto Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
 Crude oil futures traded modestly lower following Tuesday&#8217;s sharp retreat and gold futures were little changed. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was down less than a percent at a little over $62K. The yield on the benchmark 10-year Treasury note was down 1.9 points to 4.016%.
The Asian stocks had another mixed outing on Wednesday, with China&#8217;s Shanghai Composite slumping 6.62% and Hong Kong&#8217;s Hang Seng Index falling 1.38%. The lack of any further announcements concerning additional stimulus weighed down on these two markets. On the other hand, the Japanese market advanced. The South Korean market was closed for a public holiday.
The European markets were firmer in early trading on Wednesday. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41245350/nvidia-poised-to-overtake-apple-as-worlds-most-valuable-company-how-much-jensen-huangs-company-n">Nvidia Poised To Overtake Apple As World&#8217;s Most Valuable Company: How Much Jensen Huang&#8217;s Company Needs To Gain By Wednesday</a></li>
</ul>
Photo via Shutterstock

Earnings

Futures

Previews

Economics

Federal Reserve

Pre-Market Outlook

Movers

Trading Ideas

$BTC

AFRM

ALAB

ALTM

APLD

HELE

US Stocks Set To Open Marginally Lower, Nvidia Gains, Traders Eye Fed Minutes: Strategist Predicts Many More Years Of Gains Ahead Of Bull Market's 2nd Anniversary

Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) the company, which is popularly called Foxconn is gearing up to construct the <a href="https://www.benzinga.com/startups/24/10/41209333/jensen-huang-on-china-sanctions-were-exporting-american-technology-which-is-really-terrific-for-the">largest manufacturing facility</a> for Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) GB200 chip.
What Happened: This initiative is aimed at meeting the substantial demand for Nvidia&#8217;s Blackwell platform, as revealed by a senior executive on Tuesday, Reuters reported.
The Taiwanese electronics powerhouse, known for assembling products for Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), is seizing the artificial intelligence wave by also venturing into server production. Benjamin Ting, Foxconn&#8217;s senior vice president for the cloud enterprise solutions business group, underscored the vital collaboration with Nvidia.
&#8220;We&#8217;re building the largest GB200 production facility on the planet &#8211; I don&#8217;t think I can say where now,&#8221; Ting stated during Foxconn&#8217;s annual tech day in Taipei. He emphasized the high demand for Nvidia&#8217;s Blackwell platform, alongside Nvidia&#8217;s vice president for AI and robotics, Deepu Talla.
See Also: <a href="https://www.benzinga.com/news/24/03/37848556/nvidias-new-superchip-delivers-8-470-times-the-computing-performance-of-supercomputer-that-jensen-hu">Nvidia&#8217;s New Superchip Delivers 8,470 Times The Computing Performance Of Supercomputer That Jensen Huang Donated To OpenAI</a>
Foxconn Chairman Young Liu confirmed that the company&#8217;s supply chain is ready for the AI revolution. Liu also highlighted Foxconn&#8217;s advanced liquid cooling and heat dissipation technologies, which are crucial for supporting the GB200 server infrastructure.
Why It Matters: The construction of this massive facility comes at a time when Nvidia is facing challenges due to U.S. <a href="https://www.benzinga.com/startups/24/10/41209333/jensen-huang-on-china-sanctions-were-exporting-american-technology-which-is-really-terrific-for-the">sanctions against China</a>. Nvidia CEO Jensen Huang has discussed the impact of these sanctions on the company&#8217;s business, emphasizing the importance of balancing national security with technological advancement.
Additionally, Nvidia&#8217;s Blackwell GPU platform is <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41149666/nvidias-blackwell-gpu-sets-new-ai-benchmark-with-over-100-system-configurations-ana">setting new benchmarks in AI</a>, with over 100 system configurations, according to a JPMorgan analyst. This positions Nvidia for a strong fiscal fourth quarter, despite earlier product yield issues.
Moreover, Foxconn has <a href="https://www.benzinga.com/news/earnings/24/08/40360707/apple-nvidia-supplier-foxconn-clocks-record-june-quarter-revenue-as-net-margin-slips-issues-upbeat-">reported record revenues</a>, driven by strong demand for AI servers. The company&#8217;s focus on AI technology aligns with its strategic goals, as it aims to capitalize on the growing AI market. 
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41200165/cathie-wood-predicts-trillion-dollar-revenue-opportunity-for-tesla-in-autonomous-vehicles-winner?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cathie Wood Predicts Trillion Dollar Revenue Opportunity For Tesla In Autonomous Vehicles: &#8216;Winner-Takes-Most&#8217; In AI And Driving Tech</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Apple Supplier Foxconn To Build World's Largest Nvidia Superchip Factory Amid Soaring AI Demand

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) shares are moving higher Wednesday. Here&#8217;s <a href="https://www.benzinga.com/news/24/09/40917539/while-apple-abandoned-its-car-project-after-pouring-1b-into-it-its-key-supplier-foxconn-is-now-colla">what you need to know.</a>
What To Know: In significant economic development, the Federal Reserve instituted a<a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40927293/powell-defends-0-5-interest-rate-drop-as-right-thing-for-the-economy-doubles-down"> 50 basis points cut</a>, bringing the federal funds rate to 4.75%–5%. This unexpected move, marking the first rate reduction in more than four years, reflects the Fed&#8217;s greater confidence in managing inflation. 
The Fed also revised its economic growth forecast for 2024 down to 2%. Inflation projections for the same year were also lowered, while unemployment rates were revised upward through 2026.
Future Rate Path: The updated Dot Plot suggests another 50 basis points in cuts in 2024 and an additional 100 basis points by the end of 2025, highlighting a more aggressive easing approach compared to previous projections. This outlook signals a significant shift from the Fed's earlier stance and impacts projections for economic metrics over the next few years.
See Also:<a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40927293/powell-defends-0-5-interest-rate-drop-as-right-thing-for-the-economy-doubles-down"> Powell Defends 0.5% Interest Rate Drop As &#8216;Right Thing For The Economy,&#8217; Doubles Down On Fed&#8217;s Cautious, Data-Driven Approach</a>
What Else: The company formerly abandoned its electric vehicle (EV) project after significant investments. In contrast, its key supplier Hon Hai Precision Industry Co Ltd &#8211; ADR, also known as Foxconn, (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) is advancing in the EV market. Foxconn, collaborating with Sharp, recently unveiled the LDK+ electric vehicle prototype. Designed with a room-like interior, the LDK+ aims to serve as a personal space, highlighting the evolving role of vehicles in the autonomous driving era.
Foxconn demonstrated strategic acumen by focusing on modular EV platforms that allow for cost-efficient, unique model creation. The company has also approved a $246 million investment in Northern Vietnam for manufacturing EV parts, with operations expected to start in January 2025. This investment underscores Foxconn's commitment to enhancing its production capabilities and positioning itself as a notable player in the EV industry.
AAPL Price Action: Apple shares closed Wednesday up 1.80% at $220.69, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1722883001180099"><img loading="lazy" decoding="async" width="1024" height="548" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1-1024x548.png" alt="" class="wp-image-554734" style="width:482px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1-1024x548.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1-300x161.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1-768x411.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1.png 1078w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/09/40925721/crowdstrike-launches-ai-security-posture-management-to-enhance-cloud-protection">CrowdStrike Launches AI Security Posture Management To Enhance Cloud Protection</a></li>
</ul>
Photo: Courtesy Apple Inc.

After-Hours Center

Apple Shares Are Trading Higher Today: What You Need To Know

Sharp has revealed an innovative electric vehicle prototype, the LDK+, developed in collaboration with its parent company Foxconn (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>). The announcement was made on Tuesday during Sharp Tech-Day in Tokyo.
What Happened: The LDK+ concept car integrates the functionality of a traditional vehicle with a room-like interior, aiming to provide a new style of mobility. Sharp&#8217;s Chief Technical Officer, Mototaka Taneya, emphasized the growing importance of cars as personal spaces, especially with the advent of autonomous driving technology, Nikkei Asia<a href="https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/Sharp-and-Foxconn-s-EV-prototype-shows-new-way-of-vehicle-design"> reported</a> on Wednesday.
Sharp&#8217;s design allows the vehicle&#8217;s interior to be used effectively even when parked, transforming it into a personal space for work or leisure. Features include a rotatable rear seat, a Sharp LCD display, and windows that can turn opaque for privacy. The car also uses AI to adjust air conditioning and lighting based on user preferences.
See Also: <a href="https://www.benzinga.com/news/24/09/40892013/spacex-ceo-elon-musk-says-canadian-government-is-funding-starlink-rival-for-satellite-internet-despi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">SpaceX CEO Elon Musk Says Canadian Government Is Funding Starlink Rival For Satellite Internet Despite His Offer To Do It For &#8216;Less Than Half That Amount&#8217; As It Wants Its &#8216;Own System&#8217;</a>
The LDK+ is built on an EV platform developed by Foxconn, which has been focusing on the EV market. Foxconn&#8217;s Chief Strategy Officer for EVs, Jun Seki, highlighted the cost-efficiency of this modular approach, allowing companies to create unique models without heavy investments.
Sharp&#8217;s entry into the EV market comes amid industry challenges, with growth slowing and automakers adjusting their strategies. Despite these hurdles, Seki expressed optimism about the future of EVs, predicting significant market growth by 2027.
Why It Matters: The collaboration between Foxconn and Sharp represents a significant step in the evolving electric vehicle market. Foxconn, a major supplier for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), has been <a href="https://www.benzinga.com/news/22/05/27467741/apple-supplier-foxconn-is-aiming-to-compete-with-tesla-and-nio-in-the-electric-vehicle-segment">making strategic moves</a> to diversify its portfolio and enter the EV sector while Apple itself abandoned its EV project after pouring <a href="https://www.benzinga.com/news/24/03/37528093/apple-poured-1b-a-year-into-car-project-concocted-by-steve-jobs-for-a-decade-before-realizing-it-nee">over a billion dollars</a> into it in February. In May 2022, Foxconn&#8217;s chairman, Liu Young-way, expressed confidence in overcoming supply chain challenges and aimed to become the first EV maker not affected by material shortages. This ambition aligns with their broader strategy to compete with established EV manufacturers like Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>).
Furthermore, Foxconn&#8217;s recent approval to invest <a href="https://www.benzinga.com/markets/equities/23/06/33075575/foxconn-plans-246m-investment-in-northern-vietnam-for-manufacturing-ev-parts-report">$246 million in Northern Vietnam </a>for manufacturing EV parts underscores their commitment to this market. The investment will focus on producing EV chargers and components, starting in January 2025. This move is expected to enhance Foxconn&#8217;s production capabilities and support its goal of becoming a key player in the EV industry.
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<li><a href="https://www.benzinga.com/news/24/09/40895791/ford-to-roll-out-limited-edition-street-legal-race-car-variant-of-mustang-as-early-as-this-year?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Ford To Roll Out Limited Edition Street Legal Race Car Variant Of Mustang As Early As This Year</a></li>
</ul>
Photo by askarim on Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

General

While Apple Abandoned Its Car Project After Pouring $1B Into It, Its Key Supplier Foxconn Is Now Collaborating With Sharp On An EV Prototype: Here's More

Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) shares have barely budged to the<a href="https://in.benzinga.com/news/24/09/40780100/apple-intelligence-ready-iphone-16-with-faster-processor-dedicated-camera-button-announced-check-pri?_gl=1&#x2A;1z0lss1&#x2A;_gcl_au&#x2A;MTUyOTg5MDU4NS4xNzI1ODcyMjEz&#x2A;_ga&#x2A;NzYzMTQ0NDEyLjE2ODY5ODEzNzg.&#x2A;_ga_V7ZK73W7N0&#x2A;MTcyNjY0MTgwNy4yMDY3LjEuMTcyNjY0ODg1Mi4wLjAuMA.."> Glowtime hardware launch event held on Sept. 9,</a> and a portfolio manager on Tuesday offered &#8220;Mea Culpa&#8221; for his short-term stance on the stock.
What Happened: Very early indications point to a nearly 10% year-over-year decline in the sales of the iPhone 16, the newest iteration of Apple&#8217;s flagship product, said portfolio manager and founder of Niles Investment Management Dan Niles. This is in contrast to expectations that the addition of the artificial intelligence features will drive 10% sales growth, he said.
Quoting famous American researcher, scientist and futurist Roy Amara&#8217;s law, Nile said, &#8220;We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.&#8221; 
The portfolio manager noted that Apple&#8217;s price/earnings multiple calculated on calendar year 2024 earnings expanded from 24 times to 31 times, primarily on AI expectations. &#8220;It is hard to argue for valuation support at current levels,&#8221; he said. 
While noting that &#8220;a crucial trait for successful investing is admitting when you are wrong and moving on,&#8221; Nile said. &#8220;I think I am wrong in the short run but have a feeling that I will be back in the long run.&#8221;
Ahead of the Apple event, Niles had said this time around Apple stock could go against the grain on the launch day. He based his expectation on Apple supplier Hon Hai Precision Industry Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) reporting 33% year-over-year revenue growth for August, which was the highest quarterly growth for the company of the year.
&#8220;While historically $AAPL product launches are sell the news events, this AI-focused event on 9/9 has a chance to buck the trend,&#8221; he had said then.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/09/40869770/no-razzle-dazzle-with-latest-iphone-but-apple-wowed-with-these-2-glowtime-announcements-says-gur">No &#8216;Razzle-Dazzle&#8217; With Latest iPhone, But Apple Wowed With These 2 &#8216;Glowtime&#8217; Announcements, Says Gurman</a>
AI Undeniable Prop: Nile said Apple Intelligence will be a pulling point for consumers. &#8220;I believe consumers will want AI functionality available to them 24/7 and the smartphone is the one piece of technology that we have with us all the time.&#8221;
Weighing in on the early softness, the strategist said with the staggered rollout of AI across geographies, AI features will be available to consumers in China, a key market, only in 2025.
He also noted that the promotion of the new phones by the U.S. wireless carriers is not much different than last year.
Niles&#8217; views echo that of tech venture capitalist Gene Munster. In a recent note, he said he expects iPhone revenue to rise 15% in fiscal year 2025, more than double the 7% growth the Street currently models. Munster sees growth accelerating slightly to 17% in the next fiscal compared to the Street forecast of 8% growth.
&#8220;The most significant factor in my estimate is my belief that 8% of the iPhone installed base will upgrade early in FY25, and 14% in FY26,&#8221; he had said. The tech specialist, however, sees a slowdown to 5% each in fiscal years 2027 and 2028. 
In premarket trading on Wednesday, Apple shares fell 0.44% to $215.83, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data. </a>The stock has added 13% for the year-to-date period, underperforming the 19% gain for the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), an exchange-traded fund that tracks the S&amp;P 500 Index.
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<li><a href="https://www.benzinga.com/money/best-tech-stocks">Best Tech Stocks Right Now</a></li>
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Image via Shutterstock

Analyst Color

Long Ideas

Apple Stock Reaction After iPhone Launch Sparks Portfolio Manager's Reflection: 'I May Be Wrong In The Short Term But...Will Be Back In The Long Run'

Even as index futures suggest a cautious start on Wednesday, Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) &#8211; two companies with significant exposure to artificial intelligence technology, advanced strongly <a href="https://www.benzinga.com/premarket">in premarket trading</a> on Wednesday.
The premarket strength may be attributable to comments from Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), which is a supplier to big tech companies such as Nvidia and Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>). The Taipei, Taiwan-based company reported record June quarter revenue, with AI server revenue rising by 60% sequentially due to strong customer demand.
Also, Hon Hai, popularly known as Foxconn, <a href="https://www.benzinga.com/news/earnings/24/08/40360707/apple-nvidia-supplier-foxconn-clocks-record-june-quarter-revenue-as-net-margin-slips-issues-upbeat-">said the development schedule</a> of Nvidia&#8217;s GB200 rack is on track. &#8220;Foxconn will definitely be the first supplier to deliver and shipments should begin in the fourth quarter. If the schedule remains unchanged, the performance of the entire AI server segment may be better than originally estimated,&#8221; said Foxconn Vice President and Spokesperson James Wu.
See Also: <a href="https://www.benzinga.com/money/best-artificial-intelligence-stocks">Best Artificial Intelligence Stocks</a>
Incidentally, earlier this month, a report by The Information said the <a href="https://www.benzinga.com/news/24/08/40152477/nvidia-upcoming-chip-launch-faces-delay-due-to-design-flaws-setback-expected-to-impact-meta-microsof">Blackwell B200 AI chips will take at least three months longer</a> to produce than was planned due to a design flaw identified late in the production process. Foxconn&#8217;s update should allay some concerns surrounding the delay.
Delving into its outlook, Foxconn said strong demand for AI servers is expected to continue. &#8220;We maintain our view that AI servers will contribute to 40% of overall server revenue this year,&#8221; Wu said, adding &#8220;AI servers should soon become Foxconn's next trillion-dollar revenue product.&#8221;
This is higher than the <a href="https://www.benzinga.com/news/24/06/39178960/exclusive-apple-suppliers-subsidiary-behind-supercomputer-donated-to-openai-predicts-ai-server-sales">30% contribution that AI servers currently make</a> towards Foxconn&#8217;s revenue, as the company&#8217;s deputy spokesperson Jimmy Huang told <a href="https://pro.benzinga.com/dashboard">Benzinga</a> earlier in June at the Computex technology show in Taiwan.
Nvidia is scheduled to report its second-quarter results after the market close on August 28 and strategists see the report as a key catalyst that can keep the market rally. Super Micro, which manufactures AI servers, reported in early August a <a href="https://www.benzinga.com/news/earnings/24/08/40213937/why-ai-server-maker-super-micro-computers-stock-is-plummeting-over-12-in-premarket">fiscal fourth-quarter earnings miss</a>, sending its stock sharply lower. The stock fell a little over 20% in earnings reaction before rebounding from the low.
Price Action: At the time of writing, Nvidia stock rose 1.76% to $118.18 and Super Micro climbed 1.74% to $577.31 in premarket trading, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/earnings/24/08/40360707/apple-nvidia-supplier-foxconn-clocks-record-june-quarter-revenue-as-net-margin-slips-issues-upbeat-">Apple, Nvidia Supplier Foxconn Clocks Record June Quarter Revenue As Net Margin Slips, Issues Upbeat Q3 Guidance</a></li>
</ul>
Photo courtesy: Shutterstock

SMCI

Nvidia, Super Micro Computer Surge In Pre-Market: What's Powering AI Stalwarts' Stocks?

The major index futures are pointing to a nervous start ahead of the <a href="https://www.benzinga.com/etfs/sector-etfs/24/08/40323092/feds-interest-rate-decision-will-incoming-july-inflation-data-tip-the-scale">consumer price inflation report </a>that is due at 8:30 a.m. EDT. Bond yields are slipping ahead of the inflation data. If the report confirms a continued let-up in pricing pressure, the Federal Reserve may be forced to cut rates. Economists and strategists expect Fed Chair Jerome Powell to render more clarity on the rate outlook at the Jackson Hole symposium scheduled for later this month.
Atlanta Federal Reserve President Raphael Bostic, however, suggested he would want to see more evidence before the rate could be taken down from its 22-year high. 
Hon Hai Precision Industry Co. Ltd.&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) commentary about strong AI server demand could lend support to Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and other AI-levered tech stocks. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.07%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.05%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.01%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.44%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption"> In premarket trading on Wednesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged up 0.06% to $542.34, and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.05% to $462.81, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.</figcaption></figure>
Cues From Last Session: 
Stocks raced out of the gate on Tuesday after a tamer-than-expected producer price inflation report perked up risk appetite. The VIX at one point in time pulled back below the 18 level. All three major averages opened higher and advanced further over the course of trading before ending notably higher. The tech-heavy Nasdaq Composite and the S&amp;P 500 indices closed at their highest levels since Aug. 1. In the process, the S&amp;P 500 posted the biggest four-day rally for the year. 
Technical analyst and CNBC contributor Frank Cappelleri noted that the S&amp;P 500 has advanced 4.8% over six sessions, the best six-day gain since the 6% rise between Oct. 30, 2023 and Nov. 6, 2023.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24SPX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPX</a> The 6-day advance now is +4.8%. That&#39;s the best since the 6-day gain of +6.0% from 10/30-11/6/23. The index is now challenging its 50-DMA and a key downtrend line… …which ALSO is similar to early Nov'23. <a href="https://t.co/mTvo9TBu7H">pic.twitter.com/mTvo9TBu7H</a>
&mdash; Frank Cappelleri (@FrankCappelleri) <a href="https://twitter.com/FrankCappelleri/status/1823474564686627315?ref_src=twsrc%5Etfw">August 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+2.43%</td>
<td>17,187.61</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+1.68%</td>
<td>5,434.43</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+1.04%</td>
<td>39,765.64</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+1.61%</td>
<td>2,095.19</td>
</tr>
</tbody>
</table>
</figure>
 Insights From Analysts:
Commenting on the market recovery post-Monday&#8217;s meltdown, fund manager Louis Navellier said, &#8220;Barring any major geopolitical surprises, it appears likely that the recovery from the recent correction will continue, though with caution rather than the strong melt-ups we&#8217;ve seen this year.&#8221;
&#8220;The NVIDIA earnings on Aug. 28 will be pivotal to a full recovery,&#8221; he said.  
Upcoming Economic Data:
The July consumer price inflation report is the lone piece of first-tier data due on Wednesday. Here&#8217;s how the expectations compare to the prior periods:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td></td>
<td>Consensus</td>
<td>June Performance</td>
</tr>
<tr>
<td>Consumer Prices (M-o-M)</td>
<td>+0.2%</td>
<td>-0.1%</td>
</tr>
<tr>
<td>Consumer Prices (Y-o-Y)</td>
<td>+3.0%</td>
<td>+3.0%</td>
</tr>
<tr>
<td>Core consumer prices (M-o-M)</td>
<td>+0.2%</td>
<td>+0.1%</td>
</tr>
<tr>
<td>Core consumer prices (Y-o-Y)</td>
<td>+3.2%</td>
<td></td>
</tr>
</tbody>
</table>
</figure>
The Energy Information Administration will release its weekly petroleum status report at 10:30 a.m. EDT.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Stocks In Focus:
<ul>
<li>Peloton Interactive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>) climbed nearly 7% <a href="https://www.benzinga.com/premarket">in premarket trading</a> after the company announced a content partnership with Alphabet, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Fitbit.</li>
<li>Kellanova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/K#NASDAQ">K</a>) rose about 6.50% after the Wall Street Journal reported Mars, Inc. is nearing a deal to buy the former.</li>
<li>Cardinal Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAH#NYSE">CAH</a>), Brinker International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) and Performance Food Group Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFGC#NYSE">PFGC</a>) are among the <a href="https://www.benzinga.com/calendars/earnings">notable companies reporting earnings ahead of the market open.</a></li>
<li>Those reporting after the close include Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) and Lumentum Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures edged down, signaling that the black gold may extend the 2%+ drop seen in the previous session, and gold futures rose modestly. The 10-year Treasury- note yield slipped 1.7 basis points to 3.837%. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) continued its climb and traded above the $61K level.
The Asian markets advanced, as traders cheered Wall Street&#8217;s buoyant performance overnight and began to price in a Fed rate cut. The Chinese and Hong Kong markets, however, bucked the uptrend. European stocks were modestly higher in early trading, with UBS AG&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) lending support to financial stocks.
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<li><a href="https://www.benzinga.com/news/24/08/40359306/kevin-oleary-calls-kamala-harris-show-me-story-elon-musk-modern-day-bruce-wayne-shark-tank-star-disc">Kevin O&#8217;Leary Calls Kamala Harris&#8217; &#8216;Show-Me&#8217; Story, Elon Musk &#8216;Modern Day Bruce Wayne:&#8217; &#8216;Shark Tank&#8217; Star Discusses Inflation And Market Opportunity</a></li>
</ul>
Image Via Shutterstock

CSCO

LITE

PFGC

PTON

Wall Street Set For Subdued Start As Traders Await All-Important Inflation Data, Bitcoin Tops $61K: Fund Manager Flags This Event As Pivotal To Near-term Market Recovery

Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), a supplier to tech companies such as Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) reported record June quarter revenue and earnings that exceeded estimates, thanks to strong <a href="https://in.benzinga.com/content/39542457/foxconn-to-manufacture-ai-servers-in-india-following-iphone-success-report">artificial intelligence server revenue. </a>The company, which is popularly called Foxconn, also issued an upbeat forward commentary.
Key Q2 Metrics: The Taipei, Taiwan-based company reported June quarter earnings per share of NT $2.53 ($0.08), up from NT $2.38 per share a year ago. Revenue climbed 19% year-over-year to NT $1.55 trillion, marking a record high for the June quarter. Gross profit climbed 19% and operating profit was up a steeper 44%, while the net profit rose a more modest 6%. The company noted that gross profit and operating profit were also marked June quarter records.
Strong customer demand drove AI server revenue by 60% sequentially in the second quarter, and this accounted for more than 40% of overall server revenue for the period, the company said. 
See Also: <a href="https://www.benzinga.com/money/best-artificial-intelligence-stocks">Best Artificial Intelligence Stocks</a>
The Outlook: Anticipating the traditionally strong third quarter, the company has projected significant year-over-year and sequential growth.
Foxconn Vice President and Spokesperson James Wu said, &#8220;Operations will gradually ramp up entering the traditional peak season.&#8221;
The company said it expects strong sequential growth for the smart consumer electronics segment, and significant sequential and year-over-year growth for the cloud and networking products, thanks to ongoing revenue momentum in AI servers. On the other hand, computing products will likely see a slight sequential decline decline due to a high base period, but still see significant year-on-year growth.
The 2024 outlook for significant growth remained unchanged, thanks to strong demand for AI servers. There is better visibility into the full-year performance, the company said.
Wu said strong demand for AI servers is expected to continue. &#8220;We maintain our view that AI servers will contribute to 40% of overall server revenue this year, he said. &#8220;AI servers should soon become Foxconn's next trillion-dollar revenue product,&#8221; he added.
He also said the development schedule of Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) GB200 rack is on track. &#8220;Foxconn will definitely be the first supplier to deliver and shipments should begin in the fourth quarter. If the schedule remains unchanged, the performance of the entire AI server segment may be better than originally estimated,&#8221; he added.
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<li><a href="https://www.benzinga.com/markets/equities/24/08/40331133/nvidia-and-other-high-flying-ai-stocks-face-risk-of-falling-off-a-cliff-over-the-next-year-tech-">Nvidia And Other High-Flying AI Stocks Face Risk Of Falling Off A Cliff Over The Next Year? Tech Strategist Flags &#8216;Not-So-Hidden&#8217; Costs That Market Is Not Factoring In</a></li>
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Image via Shutterstock

Apple, Nvidia Supplier Foxconn Clocks Record June Quarter Revenue As Net Margin Slips, Issues Upbeat Q3 Guidance: Management Touts AI Servers As Company's 'Next Trillion-Dollar-Revenue Product'

<a href="https://asia.nikkei.com/Business/Technology/Foxconn-on-track-to-ship-latest-Nvidia-AI-servers-next-quarter" title="https://asia.nikkei.com/Business/Technology/Foxconn-on-track-to-ship-latest-Nvidia-AI-servers-next-quarter">https://asia.nikkei.com/Business/Technology/Foxconn-on-track-to-ship-latest-Nvidia-AI-servers-next-quarter</a>

Nilkkei Reported Foxconn On Track To Ship Latest Nvidia AI Servers Next Quarter

Key contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) and Hon Hai Precision Industry Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), more popularly known as Foxconn and an Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iPhone assembler, are guiding global supply chain shifts amid political and business changes.
TSMC, serving clients like Apple and Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), has expanded to vital automotive hubs like Dresden, Germany, near automotive giants like Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>), Bayerische Motoren Werke AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BMWYY#OTC">BMWYY</a>), and Porsche.
This site attracts co-investors like Bosch and Infineon, ensuring that suppliers also establish operations nearby, Bloomberg <a target="_blank" href="https://www.bloomberg.com/opinion/articles/2024-06-09/tsmc-and-foxconn-will-guide-the-global-supply-chain?sref=TBDibEcD" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/06/39226348/taiwan-semi-rides-ai-wave-reports-7-1b-revenue-in-may" rel="noreferrer noopener">Taiwan Semi Rides AI Wave, Reports $7.1B Revenue In May</a>
In Japan&#8217;s Kumamoto prefecture, TSMC partners with Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>), Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and Denso to serve Japan&#8217;s automotive and electronics industries.
The Arizona facility was established due to client pressure and government incentives, attracting suppliers like LCY Chemical and Topco Scientific.
TSMC earmarked $44 billion in 2022, up from $31 billion in 2021,&nbsp;to boost its chip-making capacity.&nbsp;The chipmaker won $6.6 billion in U.S. chip funding, the Verge <a target="_blank" href="https://www.theverge.com/24166234/chips-act-funding-semiconductor-companies" rel="noreferrer noopener">reports</a>.
Foxconn, renowned for assembling Apple&#8217;s iPhones and Nvidia&#8217;s AI servers, is expanding its global footprint with 205 sites in 24 countries.
Foxconn&#8217;s expansions into Mexico, India, and Southeast Asia and partnerships with European industrial firms like Siemens and Stellantis show its strategic push into factory automation, transportation, logistics, aerospace, and alternative energy.
Price Action: TSM shares were trading higher by 2.59% to $168.66 at the last check on Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo by Ivan Marc via Shutterstock

Media

BMWYY

VWAGY

Taiwan Semi and Foxconn Guide Global Supply Chain Shifts, Attract Key Industry Players

As we wrap up another eventful week in the tech world, we&#8217;ve seen some major developments from industry giants. From Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stock split announcement to Intel Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) AI-focused strategy, the week was buzzing with news. Here&#8217;s a quick recap of the top stories.
NVIDIA Announces Stock Split
In a move to make shares more accessible, NVIDIA announced a 10-for-1 stock split on Friday. The semiconductor giant revealed this decision during its recent quarterly earnings report. The split-adjusted trading will commence on Monday, June 10.&#8217;
<a href="https://www.benzinga.com/top-stories/24/06/39231607/nvidia-stock-split-what-investors-need-to-know-what-past-history-shows-whats-next-for-chip-giant">Read the full article here.</a>
Intel Steps Up AI Game
Intel has unveiled its new Lunar Lake chips with enhanced AI processors at the ongoing Computex technology trade show. These chips are aimed at Copilot+ AI PCs and data center chips, positioning Intel to compete with Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>). The Lunar Lake series is set to launch later this year.
<a href="https://www.benzinga.com/news/24/06/39151993/intel-steps-up-ai-game-with-lunar-lake-chips-for-microsoft-copilot-pcs-new-data-center-rivals-to-amd">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/news/24/06/39178960/exclusive-apple-suppliers-subsidiary-behind-supercomputer-donated-to-openai-predicts-ai-server-sales?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Exclusive: Apple Supplier Behind Supercomputer Donated To OpenAI Predicts AI Server Sales Tripling To $31B</a>
Foxconn Predicts AI Server Sales Surge
Apple Inc. supplier Hon Hai Technology Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), operating as Foxconn, is expecting a significant surge in AI server revenue in the next year. This prediction comes amid Nvidia CEO Jensen Huang&#8217;s forecast that data center spending will double to $2 trillion by 2029.
<a href="https://www.benzinga.com/news/24/06/39178960/exclusive-apple-suppliers-subsidiary-behind-supercomputer-donated-to-openai-predicts-ai-server-sales">Read the full article here.</a>
Nvidia CEO Mesmerizes at Computex
Nvidia&#8217;s Huang delivered a captivating keynote address at the Computex 2024 pre-event. He credited Nvidia&#8217;s partners and highlighted the company&#8217;s focus on computer graphics, simulations, and artificial intelligence.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39130128/nvidia-ceo-jensen-huang-mesmerizes-analysts-market-watchers-with-computex-keynote-w">Read the full article here.</a>
Musk Explains Nvidia Chip Diversion
Tesla Inc. CEO Elon Musk responded to a report about him redirecting thousands of NVIDIA chips, initially reserved for Tesla, to X and xAI. Musk explained that Tesla had no facilities to activate the chips, and they would have otherwise sat idle in a warehouse.
<a href="https://www.benzinga.com/news/24/06/39175635/tesla-had-no-place-to-send-the-nvidia-chips-says-elon-musk-after-report-suggests-he-diverted-thousan">Read the full article here.</a>
Read Next: <a href="https://www.benzinga.com/top-stories/24/06/39209804/it-is-time-to-cancel-adobe-new-photoshop-terms-conditions-spark-outrage-among-professionals?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;It Is Time To Cancel Adobe&#8217;: New Photoshop Terms &amp; Conditions Spark Outrage Among Professionals</a>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

INTC

From Nvidia's Stock Split, Intel's Revitalized AI Strategy To Tesla's Chip Saga: This Week In The World Of AI

Editor&#8217;s Note: The article has been updated to note the correct designation of Foxconn&#8217;s Deputy spokesperson Jimmy Huang. Apple Inc. supplier Hon Hai Technology Group (Foxconn) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) is riding high on the boom in demand for <a href="https://www.benzinga.com/news/24/05/38981319/jensen-huang-says-other-blackwells-coming-even-as-nvidia-gears-up-for-lot-of-blackwell-revenue-this" target="_blank" rel="noreferrer noopener">artificial intelligence (AI) solutions</a>.
The Foxconn official believes that its AI server revenue will surge more than three times in the next year. This comes amid Nvidia Corp. CEO <a href="https://www.benzinga.com/markets/equities/24/02/37087722/nvidia-ceo-jensen-huang-urges-nations-to-embrace-sovereign-ai-predicts-data-center-spending-to-h" target="_blank" rel="noreferrer noopener">Jensen Huang's </a><a href="https://www.benzinga.com/markets/equities/24/02/37087722/nvidia-ceo-jensen-huang-urges-nations-to-embrace-sovereign-ai-predicts-data-center-spending-to-h" target="_blank" rel="noreferrer noopener">prediction</a> that data center spending will double to $2 trillion by 2029.
At the ongoing Computex technology trade show in Taiwan, <a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Benzinga</a> caught up with Foxconn&#8217;s Deputy spokesperson Jimmy Huang to understand what one of the leading cloud infrastructure providers in the world thinks of the AI opportunity.
For context, Foxconn&#8217;s subsidiary Ingrasys manufactured the DGX-1 supercomputer that Nvidia's Huang donated to OpenAI back in 2016. according to the official. It <a href="https://www.benzinga.com/news/24/04/38422652/jensen-huang-hand-delivers-nvidias-first-dgx-h200-gpu-to-openais-sam-altman-to-advance-ai-computing" target="_blank" rel="noreferrer noopener">also donated the new DGX H200 GPU</a> to the Microsoft Corp.-backed AI startup in April.
<h3 class="wp-block-heading">Are We In An AI Bubble?</h3>
The rapid rise of Nvidia over the past two years has led to concerns about an AI bubble. If there is one such bubble, Nvidia and other AI stocks could be adversely impacted.
However, Foxconn&#8217;s Huang thinks that this is "just the beginning."
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In fact, he points to an even more interesting facet of the company's prospects because of AI.
"Our chairman has just mentioned, maybe next year, our AI server revenue will reach NT$1 trillion (approx. $30.9 billion.)"
Huang added that the NT$1 trillion would be more than three times the existing revenue Foxconn makes from setting up AI servers for its clients.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142745/Ingrasys-Nvidia-Jensen-Huang-1024x576.jpg" alt="" class="wp-image-370681" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142745/Ingrasys-Nvidia-Jensen-Huang-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142745/Ingrasys-Nvidia-Jensen-Huang-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142745/Ingrasys-Nvidia-Jensen-Huang-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142745/Ingrasys-Nvidia-Jensen-Huang-1536x864.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142745/Ingrasys-Nvidia-Jensen-Huang.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Nvidia CEO Jensen Huang left a mark at the Ingrasys booth at Computex 2024 &#x7C; Photo courtesy: Rounak Jain/Benzinga</figcaption></figure>
Read Next: <a href="https://www.benzinga.com/news/24/06/39151993/intel-steps-up-ai-game-with-lunar-lake-chips-for-microsoft-copilot-pcs-new-data-center-rivals-to-amd">Nvidia&#8217;s Meteoric Rise Brings It Within Striking Distance Of Apple&#8217;s Market Value</a>
"In the traditional server market, we have NT$1 trillion and 30% of this is from AI servers." This puts Foxconn's existing revenue from AI servers at a little over $10 billion. The company expects this to surge to nearly $31 billion in the next year, an increase of over three times.
<h3 class="wp-block-heading">Is It Because Of Nvidia's GB200 Super Chip?</h3>
Nvidia's new AI super chip, GB200, has been the talk of the town since its announcement in March. It has analysts excited, too, who think it will drive the next wave of AI innovation.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142835/Ingrasys-Nvidia-GB200-Blackwell-at-Computex-1024x576.jpg" alt="" class="wp-image-370684" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142835/Ingrasys-Nvidia-GB200-Blackwell-at-Computex-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142835/Ingrasys-Nvidia-GB200-Blackwell-at-Computex-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142835/Ingrasys-Nvidia-GB200-Blackwell-at-Computex-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142835/Ingrasys-Nvidia-GB200-Blackwell-at-Computex-1536x864.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/04142835/Ingrasys-Nvidia-GB200-Blackwell-at-Computex.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Ingrasys Nvidia GB200 Blackwell at Computex &#x7C; Photo courtesy: Rounak Jain/Benzinga</figcaption></figure>
Is it also the secret behind Foxconn&#8217;s optimistic outlook? While Huang did not specifically point it out as a critical factor, he noted that different customers have different requirements for their data center needs.
He added that they do want to "just put more" power in their data centers, and <a target="_blank" href="https://www.benzinga.com/news/24/03/37848556/nvidias-new-superchip-delivers-8-470-times-the-computing-performance-of-supercomputer-that-jensen-hu" rel="noreferrer noopener">GB200 packs a lot of punch</a>.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next: <a href="https://www.benzinga.com/news/24/06/39151993/intel-steps-up-ai-game-with-lunar-lake-chips-for-microsoft-copilot-pcs-new-data-center-rivals-to-amd">Intel Steps Up AI Game With Lunar Lake Chips For Microsoft Copilot+ PCs, New Data Center Rivals To AMD</a>

Exclusive: Apple Supplier Behind Supercomputer Donated To OpenAI Predicts AI Server Sales Tripling To $31B Next Year (CORRECTED)

Taiwan's&nbsp;Hon Hai Precision (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) operating as&nbsp;Foxconn Technology Group has reported a significant increase in its first-quarter net profit, despite a decline in revenue attributed to weakened consumer electronics demand.
What Happened: The Taiwan-based contract manufacturer, known for assembling Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)&#8217;s iPhones, announced on Tuesday that its net profit for the first quarter rose by 72% from the previous year, reaching NT$22.01 billion (US$679 million), <a href="https://www.wsj.com/business/earnings/foxconn-profit-surges-on-low-base-but-revenue-falls-91b74d36?mod=latest_headlines">reported</a> The Wall Street Journal.
This increase, however, fell short of the NT$28.76 billion estimated by analysts in a FactSet poll. The surge in profit was attributed to a low base last year when Foxconn faced a NT$17.3 billion write-down linked to its 34% stake in Japanese electronics maker Sharp.
Despite the profit surge, first-quarter revenue dropped by 9% to NT$1.324 trillion due to reduced consumer electronics demand.
The pandemic had caused a delay in production and shipment at Foxconn&#8217;s Zhengzhou, China factory, leading to a high base of comparison for the first quarter of last year. Nevertheless, its cloud and networking segment experienced strong revenue growth, driven by robust artificial intelligence server demand.
See Also: <a href="https://www.benzinga.com/insights/options/24/05/38791263/check-out-what-whales-are-doing-with-pltr?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Check Out What Whales Are Doing With PLTR</a>
Foxconn has been diversifying its business lines in recent years, including ventures into electric vehicles and AI. The company is also expanding its production in countries such as India to reduce its reliance on China.
Why It Matters: Foxconn&#8217;s performance comes on the heels of a 9% decline in its <a href="https://www.benzinga.com/markets/equities/24/04/38108303/apples-key-supplier-foxconn-reports-9-decline-in-first-quarter-revenue-anticipates-growth-in-fut">first-quarter revenue for 2024</a>. Despite this, the company anticipated a revenue increase for the second quarter of 2024, traditionally considered an &#8220;off-peak season.&#8221;
Earlier in May, Foxconn reported its <a href="https://www.benzinga.com/markets/equities/24/05/38641338/apples-largest-iphone-manufacturer-reports-its-best-ever-april-revenue-amid-stronger-iphone-dema">best-ever April revenue</a>, marking a 19% surge in monthly revenue. This achievement led to a record high for April and a subsequent rise in the company&#8217;s shares to an all-time high in Taiwan.
In March, it was reported that Foxconn was <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37689044/apples-tech-ally-foxconn-is-making-a-play-for-the-ai-server-market-with-nvidia-ming">making a play for the AI server market</a> through a strategic partnership with NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). This move was expected to position Foxconn to benefit from a closer partnership with Nvidia in the long run.
Despite its financial performance, Foxconn has been facing political challenges in its home country. In November, Foxconn&#8217;s founder, Terry Gou, <a href="https://www.benzinga.com/news/23/11/35954719/taiwans-political-future-hangs-in-balance-as-these-three-factions-battle-to-replace-tsai-ing-wen">withdrew his bid for the Taiwanese presidency</a>, leading to a political shakeup as opposition parties vied for power.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38753994/cardano-founder-charles-hoskinson-says-voting-for-biden-is-a-vote-against-american-crypto-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cardano Founder Charles Hoskinson Says Voting For Biden Is A &#8216;Vote Against American Crypto Industry&#8217;</a>
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Apple's Biggest iPhone Assembler Posts 72% Profit Surge Even As Revenue Takes Hit From Weaker Consumer Electronics Demand

It&#8217;s been a whirlwind week for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), with significant developments ranging from record-breaking iPhone sales to the launch of new iPad models. The tech giant has been making headlines, and even Elon Musk has chimed in on the action. Let&#8217;s dive into the week&#8217;s top stories.
Record April Revenue for iPhone Manufacturer
Apple&#8217;s largest iPhone manufacturer, Hon Hai Precision Industry Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), also known as Foxconn, reported its highest-ever April revenue. The Taiwanese company, responsible for manufacturing the majority of Apple&#8217;s smartphones, saw a 19% surge in monthly revenue to $15.8 billion in April, a record high for the month. <a href="https://www.benzinga.com/markets/equities/24/05/38641338/apples-largest-iphone-manufacturer-reports-its-best-ever-april-revenue-amid-stronger-iphone-dema">Read the full article here.</a>
iPhone 15 Pro Max: Best Selling Smartphone in Q1 2024
Despite a global slump in iPhone sales, Apple&#8217;s top-tier iPhone 15 Pro Max emerged as the best-selling device in the first quarter of 2024. The iPhone 15 and iPhone 15 Pro followed closely, claiming the second and third positions, respectively. This marks a continuation of Apple's dominance in the smartphone market. <a href="https://www.benzinga.com/news/24/05/38645070/apple-springs-a-surprise-as-its-top-tier-iphone-15-pro-max-bags-best-selling-smartphone-tag-in-q1-20">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/news/24/05/38725610/chatgpt-creator-sam-altman-feels-its-a-massive-massive-issue-that-we-dont-take-ais-threat-to-jobs-an?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">ChatGPT Creator Sam Altman Feels It&#8217;s A &#8216;Massive, Massive Issue&#8217; That We Don&#8217;t Take AI&#8217;s Threat To Jobs And Economy &#8216;Seriously Enough&#8217;</a>
New iPad Pro and iPad Air 6 Launched
Apple unveiled the highly-anticipated iPad Air 6 and iPad Pro after a gap of 18 months at the &#8220;Let Loose&#8221; event. The iPad Air now comes in two screen sizes for the first time, while the iPad Pro boasts the new M4 chip, jumping directly from the M2. <a href="https://www.benzinga.com/news/24/05/38673436/apple-launches-ipad-pro-with-m4-chip-oled-display-at-999-ipad-air-6-now-comes-in-two-sizes-for-the-f">Read the full article here.</a>
Apple&#8217;s AI Ambitions Revealed
Prominent tech analyst Gene Munster observed a &#8220;surprise takeaway&#8221; from Apple&#8217;s iPad launch event &#8211; the unveiling of the M4 chip. Munster believes this development indicates Apple's growing speed in updating its silicon and its focus on making hardware a competitive advantage in the field of artificial intelligence (AI). <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38696261/prominent-apple-bull-reveals-surprise-takeaway-from-apples-ipad-launch-tim-cooks-ai">Read the full article here.</a>
Elon Musk Questions Apple&#8217;s R&amp;D Spend
Following the launch of Apple&#8217;s new iPad models, Tesla and SpaceX CEO Elon Musk raised questions about Apple's huge research and development investment. Musk responded to a meme comparing Apple's $30 billion R&amp;D spend in 2023 to the marginal improvement in the thickness of its new 11-inch iPad Pro. <a href="https://www.benzinga.com/news/24/05/38689467/elon-musk-isnt-sure-apples-showed-its-entire-30b-r-d-prowess-with-new-ipads-maybe-they-have-some-sec">Read the full article here.</a>
Read Next: <a href="https://www.benzinga.com/government/24/05/38698335/joe-biden-set-to-unveil-microsofts-3b-ai-data-center-plan-on-same-wisconsin-land-where-trump-tried-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Joe Biden Set To Unveil Microsoft&#8217;s $3B AI Data Center Plan On Same Wisconsin Land Where Trump Tried To Execute His Mega Foxconn Fantasy</a>
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Apple's Week Of Breakneck Developments: Chart-Topper iPhone, New iPads And Elon Musk's Curiosity

Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a href="https://www.benzinga.com/topic/iphone">largest iPhone manufacturer</a>, Hon Hai Precision Industry Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), also known as Foxconn, has seen its shares soar to an all-time high in Taiwan after reporting its best April revenue.
What Happened: The Taiwanese company, responsible for manufacturing the majority of Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)&#8217;s smartphones, reported a 19% surge in monthly revenue to $15.8 billion (NT$510.9 billion) in April, compared to $13.3 billion (NT$429.2 billion) in the same month last year, <a href="https://www.bloomberg.com/news/articles/2024-05-05/iphone-maker-hon-hai-s-april-sales-rise-19-in-positive-signal">Bloomberg</a> reported.
This marked a record high for April, according to a statement from Hon Hai.
Hon Hai shares in Taiwan gained 7.37% to close at TW$167.50, apiece.
See Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38628664/ai-revolution-now-coming-to-cupertino-tech-bull-says-betting-against-apples-tim-coo" target="_blank" rel="noreferrer noopener">‘AI Revolution Now Coming To Cupertino:&#8217; Tech Bull Says Betting Against Apple&#8217;s Tim Cook Has Been ‘Proven Wrong Again And Again&#8217;</a>
According to a research note from Citigroup analysts, the computing segment experienced the most significant month-on-month growth, primarily due to the launch of Apple&#8217;s new MacBook Air.
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"Pull-in demand of iPhone was also stronger ahead of China's Labor Day holiday."
Despite its diversification into AI server racks and other equipment, Apple&#8217;s business still accounts for over half of Hon Hai&#8217;s revenue. This has led investors to closely monitor the company for indications of iPhone sales performance.
Why It Matters: The recent surge in Hon Hai&#8217;s sales comes amid a challenging period for Apple, particularly in the Chinese market.
Amid a decline in demand and fierce competition from Huawei Technologies, Apple&#8217;s CEO, <a href="https://www.benzinga.com/news/24/05/38605055/apple-ceo-tim-cook-says-china-is-the-most-competitive-market-in-the-world-as-iphone-sales-take-a-hit">Tim Cook, </a><a href="https://www.benzinga.com/news/24/05/38605055/apple-ceo-tim-cook-says-china-is-the-most-competitive-market-in-the-world-as-iphone-sales-take-a-hit">described China as</a> &#8220;the most competitive market in the world.&#8221;
Apple&#8217;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38610270/jim-cramer-slams-analysts-over-getting-china-wrong-about-apple-for-two-decades-that">underwhelming quarterly results</a> were attributed to a drop in demand in China and fierce competition from Huawei. Despite the overall decline, Cook highlighted some positive signs, stating that iPhone sales in Mainland China had grown.
Apple&#8217;s <a href="https://www.benzinga.com/news/earnings/24/05/38599545/apple-q2-earnings-beats-muted-forecast-on-services-mac-strength-installed-base-at-fresh-record-cupe">second-quarter results outperformed muted goals</a>, with a year-over-year revenue decline, and the company&#8217;s second-quarter earnings per share also fell from one year ago.
Apple&#8217;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38511556/what-is-going-on-with-apple-iphone-sales-drop-by-staggering-9-3m-units-globally-in-">iPhone sales plummeted 16%</a> globally in the first three months of 2024, according to market research firm Canalys. Despite the <a href="https://www.benzinga.com/news/23/09/34501203/apple-iphone-15-series-with-usb-c-tetraprism-camera-announced-check-price-and-availability-details">iPhone 15 </a><a href="https://www.benzinga.com/news/23/09/34501203/apple-iphone-15-series-with-usb-c-tetraprism-camera-announced-check-price-and-availability-details">launch</a> in September, Apple&#8217;s iPhone shipments fell by a staggering 9.3 million units, from 58 million in Q1 2023 to 48.7 million in Q1 2024.
Amidst these challenges, Hon Hai&#8217;s record-high sales could potentially indicate a positive turn for Apple&#8217;s iPhone sales and the AI server market.
Price Action: Apple shares were trading 0.38% down in premarket trading on Monday, after closing at $183.36 on Friday, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next: <a href="https://www.benzinga.com/news/24/05/38636317/elon-musk-says-ai-will-shorten-the-cycle-of-crises-shaping-societies-and-creating-new-orders-heres-w">Elon Musk Says AI Will &#8216;Shorten&#8217; The Cycle Of Crises Shaping Societies And Creating New Orders: Here&#8217;s What It Means</a>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
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Apple's Largest iPhone Manufacturer Reports Its Best-Ever April Revenue Amid 'Stronger' iPhone Demand

Hon Hai Precision Industry Co. Ltd (OTC: <a class="ticker" href="https://www.benzinga.com/stock/hnhpf#OTC">HNHPF</a>)-owned Foxconn that manufactures iPhones that are the apple of the eye of Apple Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) reported its first quarter results. With the first quarter being a typically quiet period, it comes as no surprise that Foxconn posted a revenue dup. However, Foxconn is expecting revenue growth in the second quarter despite it still being an off-peak season.
First quarter highlights
For the first quarter, Foxconn posted a 9.6% drop in revenue, however, Apple supplier noted that its cloud and networking segment reported significant revenue growth. But total revenue amounted to&nbsp;1.32 trillion New Taiwan dollars which equates to about $41.2 billion and it was also 28.58% lower compared to the previous, fourth, quarter. But, fourth quarter is usually when suppliers race to enable tech giants like Apple to satisfy the holiday demand. But, according to Counterpoint Research, overall shipments if smartphones declined 3.2%&nbsp;during 2023.&nbsp;
The AI hype is in the air
Although Foxconn is behind AI chipmaking leader, Nvidia Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>), it still has gained momentum of late.&nbsp;
As a reminder, Foxconn teamed up with Nvidia last year. Foxconn and Nvidia joined class to develop certain &ldquo;AI factories&rdquo; which are a new class of data centers that use Nvidia chips to power all kinds of applications ranging from large language models to training autonomous vehicles. Also, Foxconn will develop smart solution platforms that are based on technologies that Nvidia developed. By gaining access to Nvidia&rsquo;s solutions, Foxconn will get to offer safe AI-powered EVs and make its mark in the new era. In simple words, Nvidia joined forces with Foxconn on its path to accelerate the AI Industrial Revolution. Considering that AI development requires more than chips, there is room for all kinds of industrial contributors as even the all-mighty Nvidia cannot do everything alone, which bodes well for Foxconn.
Despite the traditional off-peak period and a recent earthquake, higher March revenue from consumer-electronics and cloud demand fueled Apple supplier to expect revenue growth in the second quarter. Also, Foxconn shares rose almost 21% year-to-date.
Rebound hopes are based on AI
Although the sales slump offers little hope for the rebound of the Apple star, the iPhone, , the growing demand for AI servers empowered Foxconn to expect a revenue rebound in the second quarter and be optimistic for the year ahead.&nbsp;
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Apple Supplier Reports Revenue Dip But Expects Growth Ahead As The AI Revolution Created Room For Contributors

Foxconn (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) a key supplier for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), saw a 9% decline in its first-quarter revenue for 2024.
What Happened: The company&#8217;s first-quarter revenue totaled 1.32 trillion NT$ ($41.2 billion), <a href="https://www.cnbc.com/2024/04/05/apple-supplier-foxconn-posts-9percent-fall-in-first-quarter-revenue.html">CNBC</a> reported on Friday. This figure represents a 9.6% drop from the same period last year and is 28.58% lower than the fourth quarter of the previous year.
The disclosed revenue fell short of economists&#8217; predictions in an LSEG poll. Nevertheless, Foxconn projects a revenue increase for the second quarter of 2024, despite it being typically considered an &#8220;off-peak season.&#8221;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38063416/chuck-meme-coin-that-aims-to-make-ethereum-great-again-skyrockets-25-800-hours-after-launc?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">CHUCK Meme Coin That Aims To &#8216;Make Ethereum Great Again&#8217; Skyrockets 25,800% Hours After Launch, Leaving Dogecoin, Shiba Inu In The Dust</a>
Why It Matters: The revenue dip comes amid Foxconn broadening its horizons beyond being an Apple supplier. In March, the company announced its intent to<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37689044/apples-tech-ally-foxconn-is-making-a-play-for-the-ai-server-market-with-nvidia-ming"> enter the AI server market </a>through a strategic partnership with Nvidia.
Meanwhile, Apple expects its revenue and earnings per share (EPS) in the March 2024 quarter to drop for the first time in a decade due to declining iPhone sales. Analysts have pointed out that Apple&#8217;s struggles in China are <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37953136/apples-struggles-in-china-are-less-about-apple-and-more-about-a-much-bigger-geopoli" target="_blank" rel="noreferrer noopener">less about the company</a> and involve a much bigger "geopolitical kerfuffle."
Apple is also reportedly planning to introduce <a href="https://www.benzinga.com/news/24/04/38037808/airpods-for-the-masses-apple-might-launch-cheaper-truly-wireless-earbuds-later-this-year">more affordable AirPods</a> and an updated AirPods Max version later in 2024. This move could potentially boost Foxconn&#8217;s production and subsequently its revenue.
On the stock front, shares of Foxconn closed at $9.75, with a 52-week high of $9.9 and a low of $5.6401.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38085675/were-fd-says-rich-dad-poor-dad-author-robert-kiyosaki-because-fed-chair-powell-fina?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;We&#8217;re F&#8217;d,&#8217; Says &#8216;Rich Dad Poor Dad&#8217; Author Robert Kiyosaki Because Fed Chair Powell &#8216;Finally Admitted Inflation Is Winning&#8217;</a>
Photo by Tada Images on Shutterstock
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Apple's Key Supplier Foxconn Reports 9% Decline In Q1 Revenue, Anticipates Growth In Future

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Contracts

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Hon Hai Technology Group (Foxconn) Strengthens Sustainability With Independent Audits At 8 Manufacturing Sites

Hon Hai Technology Group (Foxconn) Wins Prestigious Red Dot Design Award For Proprietary ESG Platform

HHTD 2024 Unveils Two Reference Design EVs, Extending Range Of Electro-Mobility To Midi Bus, LMUV

일반적으로 폭스콘(Foxconn)으로 알려져 있으며, 애플의 주요 공급업체 중 하나인 대만의 계약 제조업체 훙하이 정밀공업(OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>)이 베트남에서의 입지를 확대하기 위해 8천만 달러를 투자할 예정이다. 투자자는 순신(Shunsin)이라는 자회사를 통해 진행하게 된다.
무슨 일이 있었나요: 베트남 환경부의 문서에 따르면, 순신은 바짱(Bac Giang) 주에 집적 회로를 생산하는 공장을 건설할 계획이라고 보도했다.
이 시설은 2026년 12월까지 본격적으로 운영될 예정이며, 연간 450만 개의 생산량을 목표로 하고 있다.
폭스콘은 <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>의 논평 요청에 즉시 응답하지 않았다.
이 공장에서 생산된 제품은 주로 미국, 유럽연합 및 일본으로 수출될 예정이다. 이번 신규 투자는 폭스콘이 베트남에 인쇄 회로 기판용 시설에 3억 8천 3백만 달러를 투자하기로 승인한 후 진행되는 것이다.
폭스콘은 2000년대 초 베트남에 진출한 이후로 32억 달러 이상을 투자했으며, 대부분의 시설은 박닌(Bac Ninh)과 바짱(Bac Gian) 주와 같은 북부 지방에 위치해 있다. 순신은 이번 개발에 대해 아직 언급하지 않았다.
 
다음 읽어볼 내용:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41686435/intel-says-it-wont-even-make-500m-from-gaudi-ai-chips-in-2024-despite-nvidia-minting-billions-ce?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">인텔, 2024년 가우디 AI 칩에서 5억 달러도 못 벌 것이라 밝혀&#8230;엔비디아는 수십억 달러를 벌어들여</a></li>
</ul>
이미지 출처: Shutterstock
이 기사는 <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a>를 사용하여 생성되었으며, <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>에 의해 편집되었습니다.


Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

전세계 디지털 도서관인 인터넷 아카이브(Internet Archive)가 심각한 보안 침해와 디도스(DDoS) 공격을 겪어 <a href="https://www.benzinga.com/news/24/10/41266620/internet-archive-hit-by-major-security-breach-and-ddos-attack-31-million-accounts-compromised" target="_blank" rel="noreferrer noopener">3,100만 계정의 데이터가 유출</a>되었다.
튀르키예가 법원 판결에 따라 널리 사용되는 인스턴트 메시징 플랫폼 디스코드(Discord)를 차단했다고 국가 정보 통신기술청(<a href="https://www.benzinga.com/news/24/10/41243847/erdo-ans-justice-minister-speaks-up-on-discord-ban-in-turkey-we-are-determined-to-protect-our-youth" target="_blank" rel="noreferrer noopener" data-google-interstitial="false">BTK</a>)이 전했다.
U.N.은 암호화된 메시징 앱 텔레그램이 <a href="https://www.benzinga.com/news/24/10/41221289/telegram-the-new-frontier-for-criminal-gangs-un-report-uncovers-alarming-trends-in-organized-crime" target="_blank" rel="noreferrer noopener">범죄 활동의 주요 플랫폼으로 확인</a>되었다고 보고했다.
중국 정부와 관련된 사이버 공격으로 인해 주요 미국 광대역 제공업체들이 해킹당했다는 보도가 있었으며, 이는 <a href="https://www.benzinga.com/news/24/10/41200026/chinese-hackers-breach-at-t-verizon-networks-in-major-wiretap-data-theft-putting-us-national-securit" target="_blank" rel="noreferrer noopener">법원 승인 도청 요청</a>에 사용되는 시스템을 위험에 빠뜨릴 수 있다.
억만장자 기업가이자 댈러스 매버릭스의 소유자 마크 큐반은 선형 TV와 스트리밍 플랫폼의 미래에 대해 설명하면서 <a href="https://www.benzinga.com/news/24/10/41219900/mark-cuban-on-how-tv-will-evolve-in-the-future-says-he-saw-the-rise-of-netflix-like-platforms-before" target="_blank" rel="noreferrer noopener">스포츠 미디어 권리의 중요한 역할</a>을 강조했다.
게임
닌텐도(OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>)는 &#8220;닌텐도 스위치 온라인: 플레이테스트 프로그램(Nintendo Switch Online: Playtest Program)&#8221;의 공식 발표를 통해 최대 10,000명의 참가자가 <a href="https://www.benzinga.com/general/gaming/24/10/41280517/how-to-join-nintendos-playtest-program-to-experience-new-switch-online-feature" target="_blank" rel="noreferrer noopener">닌텐도 스위치 온라인 서비스</a>와 관련된 새로운 기능을 테스트할 수 있도록 했다.
FIFA는 코나미 그룹 ADR과의 새로운 파트너십을 발표하여 <a href="https://www.benzinga.com/general/gaming/24/10/41279567/fifa-partners-with-konami-for-efootball-fifae-world-cup-revival" target="_blank" rel="noreferrer noopener">FIFAe 월드컵 대회</a>의 복귀를 알렸다.
소니 그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>)은 2024년 10월에 플레이스테이션 플러스(PlayStation Plus) 게임 카탈로그에 추가될 새로운 게임 목록을 공개하여 구독자들이 <a href="https://www.benzinga.com/general/gaming/24/10/41277228/playstation-plus-october-2024-dead-island-2-leads-spooky-lineup-of-14-games" target="_blank" rel="noreferrer noopener">엑스트라 및 프리미엄 등급 모두에서 기대할 수 있는 다양한 게임</a>을 제공했다.
읽어보기: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41209970/netflix-analysts-turn-more-optimistic-ahead-of-earnings-expensive-for-a-reason" target="_blank" rel="noreferrer noopener">넷플릭스 애널리스트, 실적 발표를 앞두고 더 낙관적으로 변하다: &#8216;비싼 이유가 있다&#8217;</a>
미디어, 커뮤니케이션 &amp; 음악
바이트댄스 소유의 틱톡은 13개 미국 주와 컬럼비아 특별구의 법적 조치를 받고 있습니다. 이들 주는 틱톡이 <a href="https://www.benzinga.com/news/24/10/41243023/tiktok-gets-sued-13-states-and-dc-accuse-chinese-platform-of-boosting-corporate-profits-via-social-m" target="_blank" rel="noreferrer noopener">어린 사용자들에게 해를 끼쳤다</a>고 고발했다.
영화 &#8220;오펜하이머(Oppenheimer)&#8221;의 성공 이후, 유명 감독 크리스토퍼 놀란이 배우 맷 데이먼과 함께 <a href="https://www.benzinga.com/general/entertainment/24/10/41266961/christopher-nolan-taps-matt-damon-for-mystery-2026-imax-epic-is-universals-big-bet-likely-t" target="_blank" rel="noreferrer noopener">새로운 </a><a href="https://www.benzinga.com/general/entertainment/24/10/41266961/christopher-nolan-taps-matt-damon-for-mystery-2026-imax-epic-is-universals-big-bet-likely-t" target="_blank" rel="noreferrer noopener">아이맥스</a>(NYSE:<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/imax" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for IMAX" data-google-interstitial="false">IMAX</a>) 영화를 위해 손잡았다는 보도가 있었다.
줌 비디오 커뮤니케이션(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>)은 사용자를 대신해 소통할 수 있는 AI 아바타를 출시할 예정이다. 이 아바타는 <a href="https://www.benzinga.com/news/24/10/41265317/zoom-custom-ai-avatars-can-now-deliver-messages-to-your-team-as-you-skipping-boring-remote-meetings" target="_blank" rel="noreferrer noopener" data-google-interstitial="false">사용자를 가장하여</a> 메시지를 전달한다.
읽어보기: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41215414/goldman-sachs-raises-forecast-on-spotify-cites-user-engagement-growth-and-potential" target="_blank" rel="noreferrer noopener">스포티파이에 대한 골드만삭스의 전망을 높여 사용자 참여 증가와 잠재적 프리미엄 수익을 인용하다</a>
기술
어드밴스드 마이크로 디바이시스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)는 차세대 MI350 칩의 계획을 공개하여 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)의 새로운 블랙웰(Blackwell) 시스템과 경쟁할 예정이며, 배송은 <a href="https://www.benzinga.com/news/24/10/41284533/nvidias-blackwell-chip-faces-amds-mi350-challenge-in-2025-ceo-lisa-su-says-beginning-not-the-end-of" target="_blank" rel="noreferrer noopener">2025년 하반기</a>로 예상된다.
AMD는 이벤트에서 여러 새로운 고성능 컴퓨팅 솔루션을 출시했으며, 여기에는 AMD EPYC 서버 CPU 5세대, AMD 인스팅트(Instinct) MI325X 가속기, AMD 펜산도 살리나(Pensando Salina) DPUs, AMD 펜산도 폴라라(Pensando Pollara) 400 NICs 및 AMD 라이젠(Ryzen) AI PRO 300 시리즈 <a href="https://www.benzinga.com/news/24/10/41282666/what-happened-with-amd-stock-today" target="_blank" rel="noreferrer noopener">엔터프라이즈 AI PC용 프로세서</a>가 포함된다.
대만의 계약 제조업체 훙하이정밀공업(OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), 즉 폭스콘은 <a href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand" target="_blank" rel="noreferrer noopener">엔비디아 </a><a href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand" target="_blank" rel="noreferrer noopener">GB200 칩</a>을 위한 세계 최대의 제조 시설을 건설할 준비를 하고 있다.
알파벳(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)의 구글은 전화 도난 방지를 위한 새로운 AI 기반 보안 기능을 안드로이드 기기에 출시하고 있다. 이 기능은 5월에 처음 발표된 것으로, <a href="https://www.benzinga.com/news/24/10/41204898/google-starts-rolling-out-ai-powered-security-features-to-combat-android-phone-theft" target="_blank" rel="noreferrer noopener">도난당했을 경우 자동으로 장치를 보호</a>한다.
독점금지 판결 이후 구글은 에픽 게임즈(<a href="https://www.benzinga.com/news/24/10/41220186/google-will-continue-to-fight-epic-games-in-court-to-halt-epic-requested-changes-to-play-store-under" target="_blank" rel="noreferrer noopener">Epic Games)가 요청한</a> 변경 사항을 중단하기 위해 법원에서 계속 싸울 것이라고 발표했다.
아마존닷컴(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)의 클라우드 컴퓨팅 플랫폼인 아마존 웹 서비스(AWS)의 CEO인 맷 가먼(Matt Garman)은 회사가 생성적 AI를 아주 오랫동안 연구해왔고 <a href="https://www.benzinga.com/news/24/10/41201296/aws-ceo-matt-garman-once-an-intern-says-they-were-pioneering-generative-ai-at-amazon-long-before-cha" target="_blank" rel="noreferrer noopener">널리 받아들여진 개념</a>이 되기 전부터 선구자 역할을 해왔다고 밝혔다.
읽어보기: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41257775/uber-well-positioned-despite-tesla-robotaxi-threat-analyst-says" target="_blank" rel="noreferrer noopener">우버는 테슬라 로보택시 위협에도 불구하고 &#8216;좋은 위치에 있다&#8217;고 애널리스트가 말하다</a>
로블록스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>)는 최근 힌덴버그 리서치의 보고서에서 제기된 주장들을 공식적으로 반박했다. 힌덴버그 리서치는 <a href="https://www.benzinga.com/general/gaming/24/10/41255828/roblox-denies-hindenburgs-accusations-of-inflating-metrics-failing-at-child-safety-calls-them-misl" target="_blank" rel="noreferrer noopener">행동주의 공매도 투자회사</a>로 알려져 있다.
스마트폰
올해 초, 기술 대기업인 알파벳과 애플(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)은 사진과 비디오를 서로의 <a href="https://www.benzinga.com/news/24/10/41265188/how-to-switch-from-google-photos-to-apples-icloud" target="_blank" rel="noreferrer noopener">플랫폼 간에 쉽게 이동할 수 있도록 도구를</a> 출시했다.
아마존과 애플은 애플 TV+를 <a href="https://www.benzinga.com/general/entertainment/24/10/41264628/apple-tv-coming-to-amazon-prime-video-this-month-what-you-need-to-know-about-the-9-99-add-o" target="_blank" rel="noreferrer noopener">프라임 비디오를 통해</a> 이용할 수 있도록 하는 협력을 발표했다.
애플은 건강 중심의 스마트 링을 2026년까지 출시할 계획이라고 한다. 이는 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41222158/apples-smart-ring-could-launch-by-2026-in-line-with-tim-cooks-health-centric-vision" target="_blank" rel="noreferrer noopener">CCS 인사이트의 분석가 예측</a>에 따른 것이다.
일론 머스크 &amp; 인공지능(AI)
테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)의 로보택시가 자율주행 시장을 혁신할 것으로 예상된다. 이는 현재 <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech" target="_blank" rel="noreferrer noopener">알파벳의 웨이모(</a><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech" target="_blank" rel="noreferrer noopener">Waymo)</a>가 주도하고 있다.
CEO인 일론 머스크의 소셜 미디어 플랫폼인 X (구 트위터)가 브라질 대법원으로부터 <a href="https://www.benzinga.com/news/24/10/41242624/elon-musk-vows-to-defend-freedom-of-speech-but-within-the-boundaries-of-the-law-as-x-gets-brazil-gre" target="_blank" rel="noreferrer noopener">국내에서 운영을 재개할 수</a> 있는 허가를 받았다.
연방 통신 위원회(FCC)는 일론 머스크가 이끄는 스페이스X와 T-모바일 US(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>)에 허가를 임시로 부여하여 스타링크 위성을 통한 직접 셀 서비스 제공을 <a href="https://www.benzinga.com/news/24/10/41200194/spacex-and-t-mobiles-direct-to-cell-satellite-service-for-hurricane-hit-areas-green-lighted-by-fcc-a" target="_blank" rel="noreferrer noopener">허리케인 헬렌의 피해를 입은 지역에 제공</a>할 수 있도록 했다.
챗GPT의 부모사인 오픈AI는 악의적인 단체들이 이 플랫폼을 민주적 <a href="https://www.benzinga.com/news/24/10/41267154/ahead-of-trump-vs-harris-faceoff-chatgpt-parent-openai-uncovers-election-interference-misuse-but-see" target="_blank" rel="noreferrer noopener">전 세계 선거에 개입하기 위해 악용하고 있다</a>고 밝혔다.
읽어보기: <a href="https://kr.benzinga.com/news/usa/stocks/sp-500-%EC%8B%A4%EC%A0%81-%EC%8B%9C%EC%A6%8C-%EC%8B%9C%EC%9E%91-%EC%99%9C-%EB%B6%84%EC%84%9D%EA%B0%80%EB%93%A4%EC%9D%80-%EC%9D%B4%EB%B2%88-%EB%B6%84%EA%B8%B0%EB%A5%BC-%EC%A3%BC%EC%8B%9D/" target="_blank" rel="noopener">S&amp;P 500 실적 시즌 시작: 왜 애널리스트들이 이번 분기를 &#8216;주식 선택자의 천국&#8217;이라고 부르는가</a>
다른 트레이더들보다 30분 일찍 독점 시장 움직임 뉴스를 받아보세요. 
Benzinga Pro의 14일 무료 체험을 통해 독점 뉴스 기사를 이용할 수 있어 수백만 명의 다른 트레이더보다 먼저 실행 가능한 거래 뉴스를 얻을 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

지난주는 인공지능(AI)이 주목받는 뉴스의 연속이었다. 선거 간섭부터 슈퍼칩 공장까지, AI는 많은 이야기의 중심에 있었다. 헤드라인을 장식한 상위 5개 뉴스를 살펴보겠다.
오픈AI, 선거 개입 남용 사례 발견
트럼프와 해리스의 맞대결을 앞두고, 마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)와 알파벳(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)의 자회사인 오픈AI가 자사의 플랫폼이 악의적인 세력에 의해 민주적 선거를 방해하는 데 악용되고 있다고 밝혔다. 이 회사의 54페이지 보고서에 따르면, 오픈AI는 자사의 모델을 남용하려는 20건 이상의 글로벌 작전과 기만적 네트워크를 차단했다고 한다. 이 위협은 AI가 생성한 웹사이트 기사부터 가짜 계정의 소셜 미디어 게시물까지 다양했다.
<a href="https://www.benzinga.com/news/24/10/41267154/ahead-of-trump-vs-harris-faceoff-chatgpt-parent-openai-uncovers-election-interference-misuse-but-see">전체 기사를 여기서 읽어보세요.</a>
폭스콘, 세계 최대의 엔비디아 슈퍼칩 공장 건설 예정
대만의 계약 제조업체인 훙하이정밀공업(OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), 즉 폭스콘(Foxconn)이 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)의 GB200 칩을 위한 세계 최대의 제조 시설을 건설할 계획을 발표했다. 이 조치는 엔비디아의 블랙웰 플랫폼에 대한 막대한 수요를 충족하기 위한 것으로, 폭스콘은 애플(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)의 제품 조립으로 잘 알려져 있으며, 서버 생산에도 진출하고 있다.
<a href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand">전체 기사를 여기서 읽어보세요.</a>
참고: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41257775/uber-well-positioned-despite-tesla-robotaxi-threat-analyst-says?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">우버, 테슬라 로보택시 위협에도 불구하고 &#8216;잘 준비된&#8217; 상태 &#8211; 애널리스트</a>
AMD의 MI350 칩, 엔비디아의 블랙웰에 도전장
어드밴스드 마이크로 디바이시스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)가 엔비디아의 차세대 블랙웰 시스템과 경쟁할 MI350 칩의 계획을 발표했다. 이는 2025년 하반기에 출하될 예정이며, CDNA 3 기반의 이전 모델에 비해 최대 35배 향상된 추론 성능을 제공할 것으로 기대된다.
<a href="https://kr.benzinga.com/news/usa/stocks/%EC%97%94%EB%B9%84%EB%94%94%EC%95%84%EC%9D%98-%EB%B8%94%EB%9E%99%EC%9B%B0-%EC%B9%A9%EC%9D%B4-2025%EB%85%84-amd%EC%9D%98-mi350-%EB%8F%84%EC%A0%84%EC%97%90-%EC%A7%81%EB%A9%B4-ai-%EA%B2%BD%EC%A3%BC/" target="_blank" rel="noopener">전체 기사를 여기서 읽어보세요</a>.
캐시 우드, 테슬라에 대한 1조 달러 기회 예측
아크 인베스트의 CEO인 캐시 우드는 자율주행차 시장에서 &#8220;향후 5년 내에 테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)에 대한 1조 달러 이상의 매출 기회&#8221;를 예측했다. 우드는 자율주행 기술 패권을 위한 경쟁에서 &#8220;승자가 대부분을 차지하는&#8221; 시나리오가 전개될 것이라고 강조했다.
<a href="https://www.benzinga.com/markets/equities/24/10/41200165/cathie-wood-predicts-trillion-dollar-revenue-opportunity-for-tesla-in-autonomous-vehicles-winner">전체 기사를 여기서 읽어보세요.</a>
팔란티어의 시암 산카르, AI 배포에 대해 언급
팔란티어 테크놀로지스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)의 CTO인 시암 산카르(Shyam Sankar)는 회사가 수요 급증을 경험하고 있다고 밝혔다. 산카르는 기업 자동화의 가치와 AI 채택 속도의 증가를 강조했다. 그는 또한 팔란티어가 워크플로우를 신속하게 생산에 배치하기 위한 선행 투자로서 온톨로지를 구축한 것이 중요하다고 강조했다.
<a href="https://www.benzinga.com/markets/equities/24/10/41244462/palantirs-shyam-sankar-says-ai-is-experiential-and-if-you-pay-consultants-to-help-you-think-abou">전체 기사를 여기서 읽어보세요.</a>
다음 읽기:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/technicals/24/10/41292954/nvidia-stock-surges-as-ai-dominance-fuels-long-term-bull-run-gene-munster-waves-green-fl">엔비디아 주식, AI 우위가 장기적 상승세를 촉진하면서 급등: 진 먼스터가 녹색 신호를 보낸다</a></li>
</ul>
사진 출처: Shutterstock
이 콘텐츠는 <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a>에 의해 생성되었으며 <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>에 의해 편집되었습니다.
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
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<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

주요 계약 칩 제조업체인 대만 반도체 제조(TSMC)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)와 폭스콘(Foxconn)으로 더 널리 알려진 그리고 애플(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)의 아이폰 조립업체로 더 널리 알려진 혼하이 정밀공업(OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>)은 정치 및 비즈니스 변화에 따른 글로벌 공급망 변화를 주도하고 있다.
애플 및 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)와 같은 고객들에게 서비스를 제공하는 TSMC는 폭스바겐(OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>), BMW(OTC:<a class="ticker" href="https://www.benzinga.com/stock/BMWYY#OTC">BMWYY</a>) 및 포르쉐와 같은 자동차 대기업드과 근접한 독일 드레스덴과 같은 중요한 자동차 허브로 확장했다.
블룸버그에 <a href="https://www.bloomberg.com/opinion/articles/2024-06-09/tsmc-and-foxconn-will-guide-the-global-supply-chain?sref=TBDibEcD" target="_blank" rel="noreferrer noopener">따르면</a> 이 사이트는 보쉬(Bosch) 및 인피니온(Infineon)과 같은 공동 투자자들의 관심을 끌며 공급업체들도 인근에 사업장을 설립할 수 있도록 보장한다.
또한 읽:<a href="https://kr.benzinga.com/news/%eb%8c%80%eb%a7%8c%ec%9d%98-tsmc-%ec%9d%b8%ea%b3%b5-%ec%a7%80%eb%8a%a5-%eb%b6%90%ec%97%90-%eb%a7%9e%ec%b6%94%ec%96%b4-5%ec%9b%94-71%ec%96%b5-%eb%8b%ac%eb%9f%ac%ec%9d%98-%eb%a7%a4%ec%b6%9c-%ec%a0%84/" target="_blank" rel="noopener"> 대만의 TSMC, 인공 지능 붐에 맞추어 5월 71억 달러의 매출 전망 보고</a>
일본 구마모토현에서 TSMC는 소니 그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>), 토요타 자동차(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) 및 덴소(Denso)와 제휴하여 일본의 자동차 및 전자 산업에 서비스를 제공한다.
애리조나 시설은 고객의 압력과 정부 인센티브로 인해 설립되었으며 LCY 케미칼(LCY Chemical) 및 탑코 사이언티픽(Topco Scientific)과 같은 공급업체들을 유치했다.
TSMC는 칩 제조 역량을 강화하기 위해 2021년 310억 달러에서 2022년 440억 달러를 배정했다. 이 칩 제조업체는 미국 칩 자금에서 66억 달러를 확보했다고 더 버지(The Verge)가 <a href="https://www.theverge.com/24166234/chips-act-funding-semiconductor-companies" target="_blank" rel="noreferrer noopener">보도</a>했다.
애플의 아이폰과 엔비디아의 AI 서버를 조립하는 것으로 유명한 폭스콘은 24개국 205개 사이트로 글로벌 입지를 확장하고 있다.
폭스콘의 멕시코, 인도 및 동남아시아로의 확장과 지멘스(Siemens) 및 스텔란티스(Stellantis)와 같은 유럽 산업 기업들과의 파트너십은 공장 자동화, 운송, 물류, 항공우주 및 대체 에너지에 대한 전략적 추진을 보여준다.
폭스콘은 메제코, 인도 및 동남아시아로의 확장, 시멘스와 스텔란티스와 같은 유럽 산업 회사들과의 제휴를 통해 공장 자동화, 운송, 물류, 항공우주 및 대체 에너지로의 전략적 진출을 보여주었습니다.
가격 움직임임: 월요일 미 동부 시간 오후 1:33에 TSMC의 주식은 2.08% 상승한 167.81달러에 거래되었다.
면책 성명: 콘텐츠 특성상 이 기사의 일부 내용은 AI가 리뷰 및 발행한 바 있으며, Benzinga 편집자들이 검토 및 발행하였습니다.
사진 제공: Shutterstock의 Ivan Marc

대만의 TSMC 및 폭스콘: 글로벌 공급망 전환 주도, 주요 업계 플레이어들 유치

기술 세계에서 또 다른 다사다난한 한 주를 마무리하면서 우리는 업계 거대 기업들의 몇 가지 주요 전개를 목격했다. 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)의 주식 분할 발표부터 인텔(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)의 AI 중심 전략에 이르기까지 이번 주는 뉴스로 떠들썩했다. 다음은 주요 뉴스를 간략하게 요약한 것이다.
엔비디아, 10대 1 주식 분할 발표
주식에 대한 접근성을 높이기 위해 엔비디아는 금요일에 10:1 주식 분할을 발표했다. 이 반도체 대기업은 최근 분기별 실적 보고서에서 이 결정을 밝혔다. 분할 조정 거래는 6월 10일 월요일에 시작된다.
<a href="https://kr.benzinga.com/news/%ec%97%94%eb%b9%84%eb%94%94%ec%95%84%ec%9d%98-%ec%a3%bc%ec%8b%9d-%eb%b6%84%ed%95%a0-%ed%88%ac%ec%9e%90%ec%9e%90%ea%b0%80-%ec%95%8c%ec%95%84%ec%95%bc-%ed%95%a0-%ec%82%ac%ed%95%ad-%ea%b3%bc%ea%b1%b0/" target="_blank" rel="noopener">전문 읽기</a>
인텔, AI 게임 실행
인텔은 대만의 컴퓨텍스(Computex) 기술 무역 박람회에서 향상된 AI 프로세서를 탑재한 새로운 루나 레이크(Lunar Lake) 칩을 공개했다. 이 칩은 코파일럿+(Copilot+) AI PC 및 데이터 센터 칩을 목표로 하며 인텔이 어드밴스드 마이크로 디바이시스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)와 경쟁할 수 있도록 한다. 루나 레이크 시리즈는 올해 후반에 출시될 예정이다.
<a href="https://www.benzinga.com/news/24/06/39151993/intel-steps-up-ai-game-with-lunar-lake-chips-for-microsoft-copilot-pcs-new-data-center-rivals-to-amd">전문 읽기</a>
관련기사: <a href="https://www.benzinga.com/news/24/06/39178960/exclusive-apple-suppliers-subsidiary-behind-supercomputer-donated-to-openai-predicts-ai-server-sales?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">단독: 오픈AI에 기부된 슈퍼컴퓨터 뒤에 있는 애플 공급업체는 AI 서버 매출이 310억 달러로 3배 증가할 것으로 예상</a>
폭스콘, AI 서버 판매 급증 예상
애플의 공급업체인 혼하이 테크놀로지 그룹(OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) (폭스콘으로 운영)은 내년에 AI 서버 수익이 크게 급증할 것으로 예상하고 있다. 이 예측은 엔비디아의 CEO 젠슨 황이 2029년까지 데이터 센터 지출이 두 배인 2조 달러로 늘어날 것이라고 예측한 가운데 나온 것이다.
<a href="https://www.benzinga.com/news/24/06/39178960/exclusive-apple-suppliers-subsidiary-behind-supercomputer-donated-to-openai-predicts-ai-server-sales">전문 읽기</a>
엔비디아 CEO, 컴퓨텍스에서 연설
엔비디아의 황은 컴퓨텍스 2024 사전 이벤트에서 매력적인 기조 연설을 했다. 그는 엔비디아의 파트너들을 칭찬하고 회사가 컴퓨터 그래픽, 시뮬레이션 및 인공 지능에 중점을 두고 있음을 강조했다.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39130128/nvidia-ceo-jensen-huang-mesmerizes-analysts-market-watchers-with-computex-keynote-w">전문 읽기</a>
머스크, 엔비디아 칩 리디렉션에 대한 설명
테슬라의 CEO인 일론 머스크는 처음에 테슬라용으로 예약되었던 수천 개의 엔비디아 칩을 X 및 xAI로 리디렉션했다는 보도에 응답했다. 머스크는 테슬라가 칩을 활성화할 시설이 없었고 그렇지 않았다면 창고에 가만히 앉아 있었을 것이라고 설명했다.
<a href="https://www.benzinga.com/news/24/06/39175635/tesla-had-no-place-to-send-the-nvidia-chips-says-elon-musk-after-report-suggests-he-diverted-thousan">전문 읽기</a>
다음 글 읽기: <a href="https://www.benzinga.com/top-stories/24/06/39209804/it-is-time-to-cancel-adobe-new-photoshop-terms-conditions-spark-outrage-among-professionals?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;이제 어도비를 취소할 시간&#8217;: 새로운 포토샵 이용 약관이 전문가들 사이에서 분노를 촉발</a>
사진 제공: 셔터스톡
이 기사는 <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a>에 의해 작성되었으며, <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>에 의해 편집되었습니다.

지난주 주요 AI 뉴스: 엔비디아의 주식분할, 인텔의 부활한 AI 전략, 테슬라의 칩 사건

폭스콘 테크놀로지 그룹(Foxconn Technology Group)으로 운영되는 대만의 홍하이 정밀공업(OTC:<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/hnhpf" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for HNHPF">HNHPF</a>)은 가전제품 수요 약화로 인한 매출 감소에도 불구하고 1분기 순이익이 크게 증가했다고 보고했다.
What Happened: 애플(NASDAQ:<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/aapl" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for AAPL">AAPL</a>)의 아이폰을 조립하는 것으로 알려진 대만에 본사를 둔 이 계약 제조업체는 화요일에 1분기 순이익이 전년도보다 72% 증가하여 220억 1,000만 대만달러(미화 6억 7900만 달러)에 이르렀다고 발표했다고 월스트리트저널이 <a href="https://www.wsj.com/business/earnings/foxconn-profit-surges-on-low-base-but-revenue-falls-91b74d36?mod=latest_headlines">보도</a>했다.
그러나 이 증가액은 분석가들이 팩트셋(FactSet) 여론 조사에서 추정한 287억 6천만 대만달러에는 미치지 못했다. 이러한 이익 급증은 지난해 폭스콘이 일본 전자업체 샤프(Sharp)의 지분 34%와 관련하여 173억 대만달러의 상각에 직면했을 때 베이스가 낮았기 때문이다.
이익 급증에도 불구하고 1분기 매출은 가전제품 수요 감소로 인해 9% 감소한 1조 3,240억 대만달러을 기록했다.
팬데믹으로 인해 폭스콘의 중국 정저우 공장에서 생산 및 배송이 지연되어 작년 1분기에 비해 높은 베이스를 기록했다. 그럼에도 불구하고 클라우드 및 네트워킹 부문은 강력한 인공 지능 서버 수요에 힘입어 강력한 매출 성장을 경험했다.
폭스콘은 최근 몇 년간 전기자동차, AI 등 사업 분야를 다각화해 왔다. 이 회사는 중국에 대한 의존도를 줄이기 위해 인도 등 국가에서도 생산을 확대하고 있다.
Why It Matters: 폭스콘의 실적은 2024년 <a href="https://www.benzinga.com/markets/equities/24/04/38108303/apples-key-supplier-foxconn-reports-9-decline-in-first-quarter-revenue-anticipates-growth-in-fut">1분기</a> 매출이 9% 감소한 데 따른 것이다. 그럼에도 불구하고 이 회사는 전통적으로 &#8216;비수기&#8217;로 간주되는 2024년 2분기 매출 증가를 예상했다.
5월 초 폭스콘은 월간 매출이 19% 급증하여 <a href="https://www.benzinga.com/markets/equities/24/05/38641338/apples-largest-iphone-manufacturer-reports-its-best-ever-april-revenue-amid-stronger-iphone-dema">사상 최대 규모의 4월 매출</a>을 보고했다. 이러한 성과로 인해 이 회사 주가는 대만에서 사상 최고치로 상승했다.
지난 3월 폭스콘은 엔비디아(NASDAQ:<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/nvda" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for NVDA">NVDA</a>)와의 전략적 파트너십을 통해 AI 서버 시장에 진출하고 있는 것으로 알려졌다. 이러한 움직임은 폭스콘이 장기적으로 엔비디아와의 긴밀한 파트너십을 통해 이익을 얻을 것으로 예상됐다.
재정적 성과에도 불구하고 폭스콘은 모국에서 정치적 도전에 직면해 왔다. 지난 11월 폭스콘 창립자인 궈타이밍(Terry Gou)은 대만 총통 선거 출마를 <a href="https://www.benzinga.com/news/23/11/35954719/taiwans-political-future-hangs-in-balance-as-these-three-factions-battle-to-replace-tsai-ing-wen">철회</a>했고, 이로 인해 야당이 권력을 놓고 경쟁하면서 정치적 개편이 일어났다.
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기술: Benzinga Neuro가 설계, Kaustubh Bagalkote가 편집
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폭스콘은 소비자 전자제품 수요의 약화로 매출이 감소했지만, 이익은 72%의 급증

Upwallstreet, Benzinga Contributor
훙하이정밀공업(OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>)가 소유한 아이폰을 생산하는 폭스콘(Foxconn)은, 4월 26일 첫 분기 실적을 발표했다. 첫 분기가 일반적으로 정체기인 시기여서 폭스콘이 매출을 두배 늘릴 것으로 예상했지만, 많은 분석가들이 그 예상대로 나쁜 결과를 예측했다. 그러나 여전히 비수기 시즌인 2분기에도 매출 성장을 예상하고 있는 것이다.
첫 분기 하이라이트
첫 분기에 폭스콘의 매출은 9.6% 감소했지만, 애플의 공급업체인 회사는 클라우드 및 네트워킹 부문에서 상당한 매출 증가를 기록했다. 그러나 총 매출은 약 1.32조 대만 달러, 즉 약 412억 달러에 달하는 수치로 첫 분기와 비교하여 28.58% 낮았다. 다른 회사들도 애플과 같은 거대 기업들의 휴일 수요를 충족시키기 위해 보통은 4분기에 기업들끼리 경쟁을 벌인다. 그러나 카운트포인트 리서치(Counterpoint Research)에 따르면, 2023년 동안 스마트폰의 총 선적이 3.2% 감소한 것으로 나타났다.
AI 열풍이 불던 시기
폭스콘은 최근에 AI 칩 제조 선두주자인 엔비디아 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)보다는 뒤쳐 있지만, 폭스콘은 최근에 성장세를 보이고 있다.
지난해 폭스콘은 엔비디아와 제휴를 맺었다. 폭스콘과 엔비디아는 어느 특정 &#8220;AI 공장&#8221;을 개발하기 위해 협력했는데, 그것은 엔비디아 칩을 사용하여 대형 언어 모델에서부터 자율차량 훈련까지 모든 종류의 응용 프로그램을 구동할 수 있는 새로운 데이터 센터입니다. 또한, 폭스콘은 엔비디아가 개발한 기술을 기반으로 하는 스마트 솔루션 플랫폼을 개발할 것이다. 엔비디아의 솔루션에 액세스할 수 있음으로써 폭스콘은 안전한 AI 기반 전기 자동차를 제공할 수 있을 것이며, 이로써 새로운 시대에 대한 자신의 발자국을 남길 수 있게 될 것이다. 다시 말해, 엔비디아는 AI 산업 혁명을 가속화하기 위해 폭스콘과 손을 잡았다. AI의 발전에는 칩 뿐만 아니라 여러 요소들이 필요한 만큼, 단순히 하나의 기능만을 가지고 있는 것은 아무것도 없는 것과 같은 셈이다. 이러한 이유로 폭스콘은 AI의 발전에 기여할 수 있는 산업계 기업들을 위한 시장을 확보하게 될 것이다.
전통적인 비수기 시즌과 최근의 지진에도 불구하고, 3월의 소비자 전자제품과 클라우드 수요 증가로 인해 애플의 공급업체인 폭스콘은 2분기 매출 증가를 기대한다. 또한, 폭스콘의 주가는 올해 들어 거의 21% 상승했다.
AI에 기대하는 회복 희망
애플의 메인 제품인 아이폰의 판매 감소는 회복의 희망을 제공하지 않았지만, AI 서버에 대한 수요 증가는 폭스콘에게 2분기 매출 반등을 기대하고 더 낙관적으로 2023년을 앞두고 있다.
면책 조항: 이 기사는 정보 제공을 목적으로 제공되는 것으로, 어떠한 경우에도 투자 조언으로 간주되어서는 안 됩니다.
이 기사는 무급 기고자로부터 제출된 것입니다. 본 기사는 Benzinga의 기사가 아니며 내용이나 정확도에 대해 검토되지 않았습니다.

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