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Foxconn reports Q1 revenue up 15.8% YoY to ~$62B, driven by strong demand for iPhones and AI servers powered by Nvidia chips, meeting analysts' expectations (Debby Wu/Bloomberg) from Techmeme RSS feed.
Foxconn reports Q1 revenue up 15.8% YoY to ~$62B, driven by strong demand for iPhones and AI servers powered by Nvidia chips, meeting analysts' expectations (Debby Wu/Bloomberg)
Debby Wu / Bloomberg:
Foxconn reports Q1 revenue up 15.8% YoY to ~$62B, driven by strong demand for iPhones and AI servers powered by Nvidia chips, meeting analysts' expectations — Revenue totaled NT$1.8 trillion ($62 billion) in the three months to June, largely in line with analysts' expectations, results showed Saturday.