Hon Hai, also known as Foxconn, is experiencing significant growth, with June sales hitting a record high and second-quarter sales reaching NT$1.80 trillion (US$18.67 billion), a 15.82% increase year-over-year. This surge is fueled by strong demand for AI servers and cloud and networking products. The company anticipates continued sales growth into the third quarter and will hold an investor conference on August 14. Meanwhile, the stock market is showing optimism in AI, with META, Microsoft, Nvidia, and Amazon leading the charge. Amazon's stock, in particular, is considered undervalued, with potential growth driven by AI, robotics, and expansion of Amazon Web Services (AWS) and advertising. Analysts project a target price of $255 by the end of 2025. Several companies are emerging as key players in the AI software space, including Salesforce, ServiceNow, Palantir Technologies, GitLab and Adobe. Salesforce is launching Agentforce, an AI agent ecosystem, while ServiceNow is becoming a key AI software provider for businesses. Palantir's revenue is growing quickly, driven by its Artificial Intelligence Platform (AIP). SoundHound AI, with its voice platform, is also gaining traction, reporting a 151% revenue increase in the first quarter of 2025 and expanding into automotive, restaurant, and customer service industries. While AI optimism drives market rallies, Jefferies has upgraded Apple stock to "Hold" but remains cautious about Apple's AI capabilities. In the cryptocurrency space, Ruvi AI (RUVI) is emerging as a potentially more reliable investment than Dogecoin and a stronger alternative to Solana, leveraging AI to enhance blockchain operations and offering use cases in AI-driven trading, smart contracts, and data analytics.
Key Takeaways
- Hon Hai (Foxconn) reported record June sales and a 15.82% increase in Q2 sales, driven by AI server demand.
- META, Microsoft, Nvidia, and Amazon are leading the market rally fueled by AI optimism.
- Amazon's stock is considered undervalued with a target price of $255 by the end of 2025, driven by AI, robotics, and AWS growth.
- Salesforce is launching Agentforce, an AI agent ecosystem.
- ServiceNow is becoming a key AI software company for businesses.
- Palantir's revenue is growing quickly, driven by its Artificial Intelligence Platform (AIP).
- SoundHound AI's revenue grew 151% in Q1 2025, expanding its voice platform in multiple industries.
- Jefferies upgraded Apple stock to "Hold" but remains cautious about its AI capabilities.
- Ruvi AI (RUVI) is emerging as a potentially more reliable investment than Dogecoin.
- Ruvi AI (RUVI) is gaining traction as a stronger alternative to Solana, leveraging AI to enhance blockchain operations.
Hon Hai Sales Soar on AI Server and iPhone Demand
Hon Hai, also known as Foxconn, saw a 15.8% increase in quarterly sales due to strong demand for AI servers and iPhones. Revenue reached NT$1.8 trillion ($62 billion) in the second quarter of 2025, meeting analysts' expectations. The company anticipates continued sales growth in the third quarter. Analysts predict the AI supply chain will remain strong. Hon Hai is also navigating geopolitical shifts and diversifying its manufacturing.
Hon Hai's June Sales Hit Record High Amid AI Boom
Hon Hai Precision Industry Co., also known as Foxconn, reported record-high June sales, up 10% year-over-year, driven by strong growth in cloud and networking products due to the rise of AI. June sales reached NT$540.24 billion (US$18.67 billion). Second-quarter sales also hit a new high of NT$1.80 trillion, up 15.82% from the previous year. Hon Hai expects sales growth to continue in the third quarter and will hold an investor conference on August 14.
Five Stocks to Buy as Market Rallies on New Bill
A new bill is boosting defense, industrial, and manufacturing sectors, while healthcare and some REITs may face challenges. The market is rallying due to AI optimism, but there are questions about AI stocks outpacing earnings. The era of the Magnificent 7 is shifting, with META, MSFT, NVDA, and AMZN leading. REITs offer value for long-term dividend growth investors, with COLD added to the buy list.
Amazon Stock Poised for Growth with AI and Robotics
Amazon's stock value is low compared to its potential growth, especially with AI, robotics, and less competition from Chinese companies. Amazon Web Services (AWS) and advertising are expected to grow, increasing profits. Heavy spending on cloud and robotics is temporary, with a free cash flow increase expected in 2026. Analysts recommend buying Amazon stock, with a target price of $255 by the end of 2025.
Top AI Stocks to Watch Now BigBear.ai, Salesforce, ServiceNow
MarketBeat's stock screener highlights BigBear.ai, Salesforce, and ServiceNow as top AI stocks to watch. BigBear.ai offers AI-powered decision intelligence solutions. Salesforce provides Customer Relationship Management (CRM) technology with AI. ServiceNow offers workflow automation solutions with AI capabilities. These companies are benefiting from the growth and innovation in the AI industry.
Five Top Artificial Intelligence Stocks to Invest in Now
AI investing is still going strong, with major tech companies increasing data center spending. Infrastructure companies like Nvidia, Broadcom, and Taiwan Semiconductor Manufacturing (TSMC) are benefiting from AI spending. Cloud computing providers like Alphabet and Amazon are also seeing huge demand for AI workloads. The cloud computing market is expected to reach $2.4 trillion by 2030, making these stocks excellent buys.
Top 5 AI Software Stocks to Buy Now
Five companies are leading the way in AI software Palantir Technologies, GitLab, Salesforce, ServiceNow, and Adobe. Palantir's revenue is growing quickly, driven by its Artificial Intelligence Platform (AIP). GitLab's new GitLab 18 platform enhances software development. Salesforce is launching an AI agent ecosystem with its Agentforce platform. ServiceNow is becoming a key AI software company for businesses. Adobe is integrating AI into its creative and document tools.
Why SoundHound AI Stock Is Gaining Attention Now
SoundHound AI is an emerging AI company with a voice platform that understands and responds to human speech. It provides a voice platform embedded directly into products, independent of cloud-based assistants. The company has a large market opportunity of $140 billion. SoundHound's revenue grew 151% in the first quarter of 2025. The company is expanding its services in the automotive, restaurant, and customer service industries.
Jefferies Upgrades Apple Stock to Hold Cites AI Concerns
Jefferies upgraded Apple (AAPL) stock to "Hold" from "Underperform," raising the price target to $188 per share. The upgrade was influenced by Apple's strong sales growth in China. However, analysts remain cautious about Apple's AI capabilities. Concerns include a lack of new features and the attractiveness of the iPhone 17 Slim.
Ruvi AI Attracts Investors Seeking Big Returns Over Dogecoin
While Dogecoin is known for its meme-inspired popularity, Ruvi AI (RUVI) is gaining attention as a potentially more reliable investment. Analysts believe Ruvi AI could provide significant returns. Ruvi AI is seen as a high-growth option for investors seeking practical gains.
Ruvi AI Gains Traction as a Stronger Alternative to Solana
Ruvi AI (RUVI), a blockchain and AI-powered token, is emerging as a safer and quicker alternative to Solana. Ruvi AI uses AI to improve blockchain operations. It offers enhanced security, greater efficiency, and higher potential returns. Ruvi AI has use cases in AI-driven trading, smart contracts, and data analytics.
Sources
- Nvidia Partner Hon Hai Meets Sales Estimates on Strong AI Demand
- Hon Hai reports new high for June sales in growing AI era
- 5 Stocks I'm Buying As The 'Big Beautiful Bill' Pushes The Market To New Highs
- Amazon Stock: Shein & Temu Downfall, Robotics, And AI Inflection (NASDAQ:AMZN)
- Best Artificial Intelligence Stocks To Watch Now
- 5 Best Artificial Intelligence Stocks to Buy in July
- What Are the 5 Best AI Software Stocks to Buy Right Now?
- Why Is Everyone Talking About SoundHound AI Stock? @themotleyfool #stocks $SOUN $CMG $MSFT $GOOGL $TSLA $NVDA $CASY $TCEHY $GOOG $PLTR
- Apple (AAPL) Stock Upgraded to ‘Hold’ by Jefferies — But Analysts Still Cautious on AI
- Eyeing Dogecoin (DOGE)? See Why Smart Investors Choose Ruvi AI (RUVI) for Potential 6-Figure Returns from $2000
- Eyeing 6 Figure Profits From $2000? Investors Are Moving to Ruvi AI (RUVI) for Quicker, More Secure Returns Than Solana (SOL)