2 days ago
- Business
- Wall Street Journal
Foxconn Profit Beats on Solid AI Hardware Sales
Foxconn 2317 0.50%increase; green up pointing triangle Technology Group reported better-than-expected quarterly results as continued robust demand for AI-related hardware mitigated tariff and foreign-exchange risks.
The world's largest contract electronics maker on Thursday said its second-quarter net profit rose 27% from a year earlier to 44.36 billion New Taiwan dollars, equivalent to US$1.48 billion. That beat the NT$37.83 billion expected in a Visible Alpha poll.
