Foxconn's August revenue soars 33% on AI server demand
Technology / 05.09.2024

Foxconn's August revenue soars 33% on AI server demand

Foxconn Technology's August revenue surged 32.81% year-over-year driven by demand for AI servers, with an optimistic outlook for growth in Q3.

Foxconn Technology's (OTCPK:FXCOF) August revenue jumped 32.81% year-over-year driven by demand for servers powering AI products. Outlook: The Apple (AAPL) supplier — which is formally known as Hon Hai Precision (OTCPK:HNHAF) (OTCPK:HNHPF) — said tha... [1156 chars]

Published by: Seeking Alpha

Read full article here: https://seekingalpha.com/news/4147142-foxconns-august-revenue-soars-33-on-ai-server-demand

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