Reported 3 months ago
With Nvidia's GB 200 server set to debut in the third quarter of 2024, Foxconn Group is poised to benefit, as they have previously been responsible for manufacturing the FoxBot robots for in-house use. This positions them to potentially enter the AI humanoid robot field, creating new business opportunities. Foxconn is expected to see improved performance in the second half of the year due to the traditional peak season for consumer electronics products. The company's business in servers and automotive products is performing strongly, with high demand from European clients in automotive products, and potential demand from major U.S. manufacturers in the future.
Source: YAHOO