AIWall Street Journal1h ago

Foxconn reports Q1 revenue up 29% YoY

Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source

Cloud and networking products—including AI servers—remained the company's largest revenue contributor

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Source: Wall Street Journal · Opens in new tab