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Foxconn Q1 revenue rises 29% to $67B as AI server production surges

Foxconn reports Q1 revenue up 29% year-on-year to $67B and net profit up 19% to $1.6B, driven by AI server production as its largest revenue source.

May 14 · · primary fetch1 sourceupdated May 14 ·

Wall Street Journal: Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source — Cloud and networking products—including AI servers—remained the company's largest revenue contributor

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  1. techmeme.comFoxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source (Wall Street Journal)primary