💨 Abstract

Foxconn, the world's largest contract electronics maker, expects strong revenue growth in Q1 2023, driven by solid demand from tech clients, particularly cloud service providers. AI servers are expected to account for over half of the company's total server revenue this year, as it expands production for Nvidia. The growth contrasts with a cautious note struck by many businesses due to U.S. trade policy uncertainties.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖