💨 Abstract

Foxconn, the world's largest contract electronics maker, reported its highest-ever Q3 revenue of T$1.85 trillion ($57.3 billion), driven by strong demand for AI servers. The increase was 20.2% year-on-year and exceeded initial expectations. The growth was mainly due to robust revenue growth for cloud and networking products, with customers including Nvidia.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖