Foxconn posted Q2 profit of NT$44.36 billion ($1.48B), topping forecasts, driven by strong AI server demand from clients like Nvidia and Amazon. Revenue jumped 16% to NT$1.79 trillion, with cloud/networking now its biggest segment at 40% of sales. While consumer electronics stayed flat, US-listed shares are up 18% YTD, with retail sentiment bullish.
short by
/
03:23 pm on
14 Aug