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Apple's iPhone Maker Sets Record High as AI Mania Persists [BNN Bloomberg (Canada)]

Apple Inc. (AAPL)  More Company Research Source: BNN Bloomberg
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Hon Hai, which makes iPhones for Apple Inc., rose as much as 3.7% to a record intraday high on Thursday. It was a big laggard in Taiwan last year due to concerns that Apple's China sales would slow due to sluggish demand for premium phones, but fourth-quarter earnings that beat estimates fueled optimism over demand for the company's AI servers. It's now up 46% year-to-date. The AI craze has meant big gains in companies like Nvidia Corp., as investors see the sector at a crucial point of growth. At Hon Hai, AI revenue may contribute half of server revenue this year if it succeeds in winning orders from key clients, JPMorgan Chase & Co. analysts including Albert Hung wrote in a research report. The figure was about 30% last year. To be sure, Hon Hai's total revenue exposure to AI is likely to remain at 10% to 12% this year, compared with about 20% for its competitors like Wiwynn Corp., Quanta Computer Inc. and Wistron Corp., according to JPMorgan. What's more, its gains may be gett [Read more]
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Stockreport

Apple's iPhone Maker Sets Record High as AI Mania Persists [BNN Bloomberg (Canada)]

Apple Inc.  (AAPL) 
More Company Research Source: BNN Bloomberg
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Hon Hai, which makes iPhones for Apple Inc., rose as much as 3.7% to a record intraday high on Thursday. It was a big laggard in Taiwan last year due to concerns that Apple's China sales would slow due to sluggish demand for premium phones, but fourth-quarter earnings that beat estimates fueled optimism over demand for the company's AI servers. It's now up 46% year-to-date. The AI craze has meant big gains in companies like Nvidia Corp., as investors see the sector at a crucial point of growth. At Hon Hai, AI revenue may contribute half of server revenue this year if it succeeds in winning orders from key clients, JPMorgan Chase & Co. analysts including Albert Hung wrote in a research report. The figure was about 30% last year. To be sure, Hon Hai's total revenue exposure to AI is likely to remain at 10% to 12% this year, compared with about 20% for its competitors like Wiwynn Corp., Quanta Computer Inc. and Wistron Corp., according to JPMorgan. What's more, its gains may be gett [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS