Foxconn Industrial Internet

Foxconn Industrial Internet, which sells AI servers, reports Q1 revenue up 57% YoY to ~$37B, below $44.5B est., and a record ~$1.5B net income, below $1.8B est.

Foxconn Industrial Internet, which sells AI servers, reports Q1 revenue up 57% YoY to ~$37B, below $44.5B est., and a record ~$1.5B net income, below $1.8B est.

Foxconn Industrial Internet Co. benefited less than expected from China's artificial intelligence boom as sales and earnings growth fell short of lofty expectations.

Foxconn Industrial Internet stock rose 44% on Shanghai exchange after raising $4.26B in its IPO, now valued at $61B+

- The Hon Hai unit surges by the 44% limit for debutantes  — Foxconn Industrial embodies Gou's longer term ambitions  —  Foxconn Industrial Internet Co. soared …

Foxconn Industrial Internet, a subsidiary of Foxconn, files for IPO in mainland China with plans to raise $4.26B at a ~$43B valuation

Hon Hai's Foxconn Industrial Internet files for an IPO in China, says it will spend $4.3B on next generation projects like cloud computing, IoT, AI, and 5G tech

Smart manufacturing, data centers, AI among areas for growth  —  Hon Hai unit Foxconn Industrial Internet plans IPO in China