Financial News

Foxconn Reports 33% Profit Surge On Booming Demand For AI Servers

Taiwanese tech giant Foxconn – also known as Hon Hai Precision Industry – reported the second consecutive quarter of profit growth driven by a surge in demand for artificial intelligence servers. For the quarter ending December, Foxconn reported a 33% jump in net profit to NT$53.2 billion ($1.7 billion). That beat the average analysts surveyed […] Source
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