The boom in corporate investment into artificial intelligence infrastructure still has some way to go as large language models are continuing to evolve, according to the CEO of Foxconn, a key supplier to Apple. Speaking with CNBC's Emily Tan, Chief Executive and Chairman of Foxconn Young Liu, said that the AI boom "still has some time to go" as advanced language models from the likes of OpenAI are becoming increasingly intelligent with each new iteration that comes out. He said that the general movement in ...

Group 1 - The article emphasizes the investment service "Asia Value & Moat Stocks," which targets value investors looking for Asia-listed stocks with significant discrepancies between price and intrinsic value [1] - Hon Hai Precision Industry Co., Ltd. (Foxconn) is rated as a Buy, with a positive outlook for both the near term and long run [1] - The author of the article provides investment ideas focused on deep value balance sheet bargains and wide moat stocks, particularly in the Hong Kong market [1]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers. Also known by its official name Hon Hai Precision Industry, the firm is the world's largest contract elect ...

Northstar Medical Radioisotopes, a biotech startup building a rapidly growing campus of buildings just off the interstate, is developing cancer diagnostics and treatments that use radioactive materials. CEO Frank Scholz says it is the most exciting technology out there. The designation allows Wisconsin to compete for up to $70 million in federal grant money. More important, it formalizes a consortium of companies, including GE Healthcare Technologies — which has a major presence in the Milwaukee suburbs — a ...

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 21 June 2024 | 12:02AM HKT Hon Hai (2317.TW): AI to support smartphone demand; AI servers to ramp up ahead; TP up to NT$257; Buy We are positive on Hon Hai and raise our target price to NT$257 (vs. previously at Allen Chang +852-2978-2930 | NT$227) to reflect higher iPhone shipment post Apple WWDC event, with highlights allen.k.chang@gs.com Goldman Sachs (Asia) L.L.C. of AI features (report by Michael Ng) helping to drive the replacement cycle. Despite Verena Jeng rising competi ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Taiwanese tech giant Foxconn said Friday its global market for artificial intelligence servers is expected to increase to 40 percent this year, with AI products being the main driver for growth. Foxconn—known officially as Hon Hai Precision Industry—is the world's biggest contract electronics maker and builds devices for several ...

Images_By_Kenny Elevator Pitch Hon Hai Precision Industry Co., Ltd. (OTCPK:HNHAF) (OTCPK:HNHPF) [2317:TW] shares are awarded a Buy rating. My earlier October 30, 2023 write-up touched on Hon Hai's full-year FY 2023 prospects and risks pertaining to the company's Mainland Chinese manufacturing operations. This latest update focuses on HNHAF's recent quarterly results, its latest monthly sales numbers, and the company's FY 2024 outlook. Hon Hai's Q1 2024 bottom line was below the consensus estimate as a resul ...

The bulk of Foxconn's operations is based in China, and it is the country's largest private-sector employer with more than a million workers nationwide. This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Taiwanese tech giant Foxconn on Tuesday reported a 72 percent jump in net profit during the first three months of 2024 compared to the same period last year as demand for investm ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Foxconn, also known as Hon Hai Precision Industry, enjoyed a second successive quarter of surging profits in October-December. Taiwanese tech giant Foxconn on Thursday reported a 33 percent jump in net profit during the final three months of 2023, marking the second straight quarter of growth for the Apple supplier. The firm—a ...