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Amid Nvidia's CES 2025 Buzz, Investors Overlooked Apple Supplier Foxconn's Strong Q4, Says Jim Cramer

Benzinga LogoBenzinga1d ago

Amid Nvidia's CES 2025 Buzz, Investors Overlooked Apple Supplier Foxconn's Strong Q4, Says Jim Cramer - Benzinga

Quick Summary:

What Happened: “People were looking for Nvidia’s Jensen Huang to give a big keynote this evening at CES but weren’t thinking partner (and Apple supplier) Hon Hai would have such big numbers,” Cramer wrote on X on Monday, questioning whether bears might try to downplay the significance of the results.

Leading market analysts highlighted Foxconn, also known as Hon Hai Technology‘s surprise fourth-quarter performance. Jim Cramer suggested investors may have overlooked the Apple Inc.(NASDAQ:AAPL) supplier while focusing on Nvidia Corp.’s (NASDAQ:NVDA) CES 2025 presentation.

People were looking for Nvidia's Jensen Huang to give a big keynote this evening at CES but weren't thinking partner (and Apple supplier) Hon Hai would have such big numbers.


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Article Details

Author / Journalist: Kaustubh Bagalkote

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 08:16:55 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 406 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24956171

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Official Website: benzinga.com

Update Frequency: 17 posts per day

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News Last Updated: 8 hours ago

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Publisher ID: #53

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