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Foxconn Surges on AI Server Demand, Anticipates Record Growth in Q1 Earnings
“Foxconn obviously is putting a lot of effort into its AI servers. Targeted clients include HP and Dell.” Taiwan's Foxconn, the world's largest contract electronics maker, is set to announce on Tuesday a significant rise in first-quarter profit, largely driven by strong demand for AI se...
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Sierra Nevada awarded $13B Doomsday plane contract by US Air Force
The U.S. Air Force awarded a $13 billion contract to Sierra Nevada Corp. to develop a successor to the E-4B, known as the Doomsday plane, due to its ability to survive a nuclear war. An Air Force official says the goal of the SAOC project is to replace old aircraft from the 1970s that are nearing t...
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